Obama Says 'Private Sector Doing Fine,' Calls for Aid to States

President Obama said today that the "private sector is doing fine" as the U.S. economy recovers from recession, but urged Congress to send more federal aid to states and localities to boost government hiring. The comment triggered an onslaught of attacks from Republicans, who pointed to dismal job growth and an unemployment rate lingering above 8 percent as a sign Obama is out of touch. Mitt Romney, the presumptive GOP presidential nominee running to unseat Obama, said the comment would "go...Full Story
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