The coolest place on the internet, according to this tagline.
AskArchiveFAQ

The Obama “private sector” gaffe — is it as bad as it looks?

  • cause During a Friday press conference, President Obama used the phrase “the private sector is doing fine” in comparison to the quickly-shrinking public sector at the state level.
  • reaction The political press and many Republicans — specifically the Romney camp — saw this phrase as an obvious gaffe on the part of the president and leaped on it, making it a major issue.
  • response Obama’s senior advisor, David Axelrod, dodged deftly, bringing it back to the original point Obama was making. “It’s certainly doing better than the public sector,” he explained. source

» Was Obama’s point valid? It sounded like a pretty good gaffe to some, but Slate’s Dave Weigel thinks that the nuances of the point might’ve been lost on folks looking for a soundbite. As Weigel notes, the public sector at the state level has lost 600,000 jobs under Obama — which, by the way, the GOP is OK with, because they want to see the government shrink anyway. And as public sector and private sector unemployment are counted in the unemployment rate, it’s ultimately part of the reason the unemployment rate has stayed high. “It’s easier to pretend that the president doesn’t care about the private sector, and unemployment,” Weigel notes, “and hope that the media runs with the zinger instead of explaining some pretty rudimentary macroeconomics.”

Follow ShortFormBlog • Find us on Twitter & Facebook

June 10, 2012 // 11:11 // 1 year ago
blog comments powered by Disqus

54 notes from really cool Tumblrs like ours. Click to read.

  1. theviraltruth reblogged this from shortformblog
  2. thepoliticallyincorrectgroup reblogged this from shortformblog
  3. lilieas reblogged this from shortformblog
  4. revolutionaryrebel reblogged this from shortformblog
  5. alsson reblogged this from dendroica and added:
    Two things: First, this was no huge deal, just politics as usual. It’s like Romney saying he wasn’t worried about the...
  6. yourbrightlonging reblogged this from shortformblog
  7. ebdisme reblogged this from shortformblog
  8. pinthetailonthehonky reblogged this from shortformblog
  9. dendroica reblogged this from shortformblog
  10. anunnakisinombre69 reblogged this from shortformblog
  11. trinibird reblogged this from shortformblog
  12. kaliem reblogged this from shortformblog
  13. consultorenseo reblogged this from shortformblog
  14. ohgodthepandas reblogged this from shortformblog
  15. shortformblog posted this