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The Background:
In the midst of the worst economic climate since the 1930s, President Obama had the gall to tell reporters that the private sector was doing just fine.

The Quote:
Barack Obama The truth of the matter is that, uh as I've said, we've created 4.3 million new jobs over the last 2, uh 27 months, over 800,00 just this year alone. The private sector is doing fine. Where we're seeing weaknesses in our economy uh have to do with state and local government, uh, oftentimes init, uh cuts initiated by uh, you know, governors or mayors who are not getting the kind of help that uh they have in the past from the federal government.

The Who & When:
  • Barack Obama, June 8, 2012


  • The Source:
  • ABC News


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