Mitt Romney has jumped all over Obama’s comment that “the private sector is doing fine,” blasting the President in a new campaign ad that is now featured on Romney’s web site.
Did Obama open himself up to this attack?
Saying the private sector is “doing fine” sounds a bit too sunny given the country’s overall unemployment rate and anemic growth rate.
But is Romney’s attack fair?
First, as these charts show, the private sector is, in fact, “doing fine”–as long as “fine” isn’t confused with “well”. The private sector is growing steadily, at least, and adding jobs. And Obama’s point was that the real weakness in the economy has come from cuts in state and local government spending, which has led to job losses and shrinkage.
Second, although Romney acknowledges that Obama was referring to the “private sector” rather than the overall economy, the out-of-work people featured in the ads don’t specify which sector they worked in–the public sector or the private sector. They presumably could be government workers who got canned.
Lastly, Romney is still recovering from his own gaffe of the other day, in which he said that he didn’t want to hire any more firefighters, policemen, or teachers. That remark got at exactly what Obama was lamenting–the impact of local government cutbacks.
Here’s the ad:
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