How out-of-touch is Obama, when he says "the private sector is doing fine"?

Very much out of touch!

The moron is so far in left field that one would think he is on another planet in another solar system.

I watched MSNBC try to cover for him by saying he didn't really say what he said and tried to put their spin on it. They really don't have a lot of regards for their viewers.

He did look like he was going to choke on that whopper.

The man is a total loser without a grain of knowledge about what's going on in the US. Obama is in his own world and I don't want any part of it. NOBAMA in 2012!

Amen to that sir! I agree

Since your options are completely biased, I chose this one, but it would help if you understood the statement in its entire context. But why would you do that?

Could it be? https://gunnyg.files.wordpres...

but yeah, he is out of touch. he cannot relate to the working American taxpayer since he has made all his money OFF THE GOVERNMENT. like he would know the first thing about the private sector. sheesh.

He and his wife actually made most of their money from the private market. He was a professor of law at a private university, he wrote two books, and his wife was a lawyer who served on corporate boards. Sheesh, could you be any more misinformed.

no he was not a professor of law in Chicago....he was a VISITING teacher who could never show up. no, michelle worked at a hospital and finaglled government money to it and herself before quitting as they were investigating her. neither of them have a law license. and besides, that's all the democratic party is made up is lawyers. everybody knows lawyers are notorious lawyers.
and who bought his books? the United States Government..........! $70,000 worth purchased by the State Dept. alone.
http://www.washingtontimes.co...

1. Obama wrote his first book in 1995, 13 years before his presidency and 14 years before the state department bought copies of it in 2009, as per the article you cited. Obama as made millions in royalties that have nothing to do with the government buying his book.
2. Obama was considered a professor of law by the University of Chicago http://www.factcheck.org/2008...
3.Your point about their law licenses is erroneous http://www.snopes.com/politic...
4. Your point about Mrs. Obama's hospital job is at best innuendo
5. Many politicians of all stripes are lawyers and your point about lawyers makes no sense.
It would seem, madam, you quite misinformed.

Hey....I was living in the Chicago area and I know the truth about these ppl. The media can spin and displace info all they want. Oblahblah was my Senator and I know how he and his spouse have lied and deceived the American public. You can believe as you choose but I know what happened and the Obamas are a plague on this country. And Snopes has been outted for their liberal agenda so I take what they say with a grain of salt.

Ok, so snopes is out, but The Univ. of Chicago is certainly a reliable source for what it determines to be a professor or not a professor wouldn't you say? I would think the Illinois State Bar would also be a reliable source. Both those organizations disprove your point. I would also say that the publication year and sales records of Obama's Books, not withstanding some grand conspiracy, are also verifiable and accountable records, so whether you live in Chicago or not is irrelevant because institutions and organizations that would know much better than you prove your position wrong.

Your refusal to accept the facts from sources that have them truly demonstrates how willfully ignorant you really are.

who cares if somebody says he was a professor? i had professors that should have never been teaching first grade. unimpressive. YOU are refusing to accept the facts. i KNOW what those ppl are and are not. bags of farty wind. lies. crooks.

And there you go, more proof of your ignorance. I pity such people.

He was doing damage control after that remark.

I'd like to know where the hell are the 4.3 million jobs he stated that he created ! He lies so many times he is stumbling around. When he corrected himself it was an admission that he was wrong.

He was right on some things. Companies are afraid to invest in this crazy environment he created so their profitability is up.

McCain was roasted by the media when he described the American economy as "strong" and it was better off than it is now.

Obama is stunned that he is actually being called on his lies since he got away with it for 31/2 years.

He will know in January once he gets a pink slip from the next liberal in charge.

He dont have a clue. He has been bought and paid for by the Unions. They gave him tons of money to help him get elected. Now he is stuck in a hole with no way out. After Walkers win in Wisconsin he has seen the writing on the wall. Obama cant help the Unions, and the Unions cant help Obama now.

Does this guy get any news at all, or is he too busy playing golf and attending fundraisers?

He's off in another universe somewhere.

His own words will be his political demise.

And by this much.......

Obama is more out of touch than Romney who at least us campaigning wit common folks--obama only hangs with rich hollywood elites, who are all out of touch with reality!

Your prejudiced answers are not a valid poll.

But the private sector has made emense progress recovering from the BUSH II recession and two wars and a $2Trillion ongoing deficit producing tax cut for the rich.

Want more reasons he's correct. Just look at the obstructionistic Republican Party and then how the economy has inspite of them, created 4.4 million jobs over the last three years.

Lets see according to Rahm Emanuel Obies Whitehouse chief of staff $4 tirllion during the Bush era. That sounds about right....however this idiot fails to do any math over this issue.
$4 trillion divided by 8 equals $500 billion per year.
While Obama had added $6 trillion over the last 3 years. so if you take $6 trillion divided by 3 that equals to $2 trillion a year.
http://www.cbsnews.com/8301-5...

Now if you take $2 trillion and subtract $500 billion from that that equals $1,500,000,000,000 more then Bush EVER DID DURING HIS 8 THAT IS EIGHT YEARS IN OFFICE meaning that the BLACK MESSIAH HAS SPENT MORE IN THE FIRST THREE YEARS THAN BUSH DID IN ALL OF HIS EIGHT YEARS....now lets see you call me a liar....just go to that website and seeing it is a political thing I guess the figures dont lie.

There you are bringing racism into this discussion. This discussion is over.

Hey sorry if it offends you but I am more of a minority then Obama and the Africans.
I am a Native American......we only take up 0.07 percent of the population of the USA....so there is no race involved here....racism is a frame of mind....simple as that.

Hmmmm seeing the Corporations profited that means that they should have to pay more taxes and if hey profited all that money then someone please tell me why 800 corproations have OUTSOURCED most of their jobs to India, China, Philipines, Mexico,
Oh yes, you are correct there have been fewer Corporate bankruptcies in the past 3 years then ever before HOWEVER THE BANKRUPTCIES OF PRIVATE INDIVIDUALS HAS HIT AN ALL TIME HIGH.
As for the stocks well you got me there I have not a clue on how the stock market works.
BTW I am wondering just how many of those CEO's have had their million dollar homes forclosed? or if their Unemployment has finally run out. Or had their Bentleys repo'd. I wonder just how many of their POOR little darlings have had to drop out of Harvard or Cornell because they couldnt pay for their student loans

Corporate profitability is at an all-time high. If that's what Obama meant, he's exactly right.

Sorry this answer just "fit". because when Mr Obama says its doing fine what he means is its doing fine in becoming exstinct which is what he and other socialist would like to have happen.

A privet sector that is thriving and making people independant of the government enslavement tools like welfare and food stamps would be a bad thing.

The man is not stupid and he says what he means its just hard to say it and not tell or fool everyone with exactly what he means and that is that he wants to FUNDLEMENTALLY CHANGE THE NATION....

He corrected his statement right afterwards..

http://www.usatoday.com/money...

WASHINGTON (AP) – U.S. service companies, which employ roughly 90% of the work force, grew at a slightly faster pace in May, marking the 29th straight month of expansion

The associated press? LOL yeah ok.

He sounded so uncharacteristically confused, I honestly stopped what I was doing to look at the television to see if he was having a stroke.

He is losing it. I almost feel sorry for him! ALMOST!