Politics

Romney Calls Obama‘s ’Private Sector Is Doing Fine‘ Remark ’Out of Touch’

President Obama is already taking heat for a remark he made earlier on Friday in which he asserted that the “private sector is doing fine.” GOP rival Mitt Romney attacked the comment, saying it will “go down in history” as an extraordinary miscalculation by an out-of-touch president.

During a campaign stop in Iowa, Romney didn’t skip a beat, latching onto what even the Huffington Post labeled a “gaffe.” The Republican presidential nominee said Obama’s remarks led him to ask: “Is he really that out of touch?” He added that Obama is “defining what it means to be detached and out of touch with the American people.”

Romney’s aides say his campaign will continue to give Obama grief on the matter.

The comment revived memories of a statement Republican nominee John McCain made in 2008, during the economic turmoil, that the economy’s fundamentals were sound.

 

 

 

The Associate Press contributed to this story 

Comments (100)

  • inferno
    Posted on June 8, 2012 at 3:31pm

    Definition of Obama’s private sector; Any individual or group who bundles campaign contributions
    hoping for a future bailout. The rest of us be damned ! As in any Marxist dictatorship, those at the top are their own private sector. How many at the TOP in Cuba or North Korea are deprived of basic food, and everyday amenities ?

    Report Post »  
    • HKS
      Posted on June 8, 2012 at 5:26pm

      We keep hearing about teachers and cops out of work by Obama, that’s a service, they don’t make a nickel in root money, how about some manufacturing, that’s where the root money is. This guy is suppose to be smart, but he looks like a sled track to me, couldn’t get any dumber.. We need new money, not a bunch of stolen money from other people. Maybe a real job would educate him.

      Report Post » HKS  
    • eagle2715
      Posted on June 8, 2012 at 5:43pm

      “To Continue, Mr. Want Our Country Back

      A Venture Capitalist buys companies and sells off the valuable parts. He then borrows money against whatever assets are left.
      Because the debt payments are expenses, the venture capitalist structures the repayment in such a way that an unprofitable company is now profitable.

      He then sells off the company, now loaded with bank obligations to new owners who only see the companies “new profitability.” ”

      You say you think for yourself, but by your description of Venture Capital you clearly don’t. This is strait out of the talking points of the DNC, who got them from moveon.org. So your either a progressive TROLL or a democratic zombie repeating what ever is your told…

      You know what companies got started with ‘venture capital’?

      Apple, IBM, Microsoft, GE, DOW Chemical, CAT, Ford, Boeing…the list goes on, and on, and on, and on. Last I checked all of those companies I listed were doing fine… They weren’t parted off and sold with huge debt, and they employ millions of people…

      Report Post » eagle2715  
    • eagle2715
      Posted on June 8, 2012 at 5:47pm

      ^ …. oops, sorry, wrong thread…. ^

      Report Post » eagle2715  
    • resme
      Posted on June 8, 2012 at 8:45pm

      Obama Contributors

      Goldman Sachs $1,013,091
      JPMorgan Chase & Co $808,799
      Citigroup Inc $736,771
      Morgan Stanley $512,232

      Romney Contributors

      Goldman Sachs $573,080
      JPMorgan Chase & Co $415,075
      Bank of America $398,850
      Morgan Stanley $373,850
      Credit Suisse Group $317,410
      Citigroup Inc $301,550

      Report Post » resme  
    • soybomb315
      Posted on June 8, 2012 at 10:52pm

      great job Romney….thats what the people want to hear – how ‘out of touch’ obama is.

      in a time when the government is facist and the constitution is in shambles – we have a nominee talking about how out of touch the other guy is. What the hell does ‘out of touch’ mean anyways….isnt that a progressive term???

      Report Post » soybomb315  
    • West Coast Patriot
      Posted on June 9, 2012 at 2:26am

      When I hear Romney speak, he reminds me of Greg Stillson, played by Martin Sheen in “The Dead Zone”, in his voice, in his mannerisms, in everything. Fake. That is the word for it. He IS fake you know. He is lying to the American people in order to become President. He will NOT win. As I tell all my Democrat friends about Rand Pauls endorsement, they all tell me that Obama will be elected again as they will vote for Obama as they do not trust Romney. One elderly lady told me she got a mailer from Romeny and she just threw it in the trash without looking at it. Paul supporters are angry as heII and they are saying they will not vote for Romney. If the plan was to get Paul supporters on board here, it is failing miserabely. Sorry guys, but your stubbornness of media brainwashing is going to cost you all the joy of seeing Obama defeated. Romney cannot win. I have been telling you for a long time, but you continue to stick your heads in the sand.

      Report Post » West Coast Patriot  
    • GETLIFE
      Posted on June 9, 2012 at 4:04am

      Always listened to Paul– but he didn’t get the nomination. One thing I did observe though was the radicalization of his supporters–now full of political thugs like the threatening WESTCOAST person. Sorry, can’t add “PATRIOT” because if you are not planning on voting out the Marxist who will stop at nothing if re-elected, you certainly ain’t a patriot.

      Report Post » GETLIFE  
    • West Coast Patriot
      Posted on June 9, 2012 at 3:59pm

      Getlife, You really should get a life. If the Patriots in the Revolutionary war would have thought like you, we would still be under British rule. You can sit there and say you were for Paul, but real Paul supporters know better. It is just like you establishment fed republicans to lie like the establishment candidates. I am just reporting facts to you. What I said in my post above is true. Do you want me to lie and say Romney is a shoe in, Obama is going down, Our country will be saved with Romney at the helm? I cannot because all of that is a lie. The other thing I can tell you is that Paul supporters, although angry over the events the last week, are not deferred, they are still going after delegate spots and we still plan to make the convention a wild ride, you watch. From what I am hearing, we may be even more inclined to vote for Paul on the first round. The lawsuits are going to continue to make their way to the courts. We are not ready to give up, as we ARE true patriots. You, sir, are the sellout to the NDAA, Patriot Act, Socialism and the destruction of the United States.

      Report Post » West Coast Patriot  
    • GETLIFE
      Posted on June 10, 2012 at 5:40am

      WESTCOAST, Thanks for responding. Just read your post, then re-read mine. Sorry, you haven’t convinced me that it is somehow patriotic to let Obama get re-elected because Paul would have been better than Romney. (Personally, didn’t vote Romney.) Just observe what’s happened in France. Marine LePen suggested her supporters vote “blank” instead of Sarkozy. They did–and it cost Sarkozy the election– yeah, the same Sarkozy who was keeping France’s head above water by leading towards a more conservative government. Now, just sit back and see what happens to France. Oh, you won’t be able to do that for day to day politics because any conservative voice (very few) in the msm are being methodically silenced…. and the rest is just socialist whitewash.

      Marine le Pen thought it was a good strategy. Problem is, the majority of conservatives (and it was a very close election) who were starting to see how she was transforming her party (in a good way), now will never trust or support her.

      If Paul and his sectarian followers (and I don’t think all of his followers are as sectarian as WESTCOAST seems) mess up this election for conservatives– his movement is finished.

      Report Post » GETLIFE  
  • barber2
    Posted on June 8, 2012 at 3:23pm

    Obama only cares about the union people who contribute to his campaign. He also is waging a Lefty War on Capitalism, like buddy Bill Ayers . Remember all of the anti-Wall Street / bankers / CEOs rhetoric ? Obama is a Marxist so think that he views economic success to mean “ redistributing ” / taking the stuff of those rich Wall Street people and giving it to the poor minorities….his idea of “social justice ”….

    Report Post »  
  • Vercetti1611
    Posted on June 8, 2012 at 3:22pm

    I seem to recall a similar event 4 years ago that the Democrats used to bash McCain. Does everybody remember McCain’s idiot statement, “The fundamentals of the economy are strong.” I think this is Obama’s McCain moment.

    Report Post »  
    • EqualJustice
      Posted on June 8, 2012 at 3:39pm

      Or senior Bush..“ IT”S THE ECONOMY, STUPID” was the reply from the left.

      Report Post » EqualJustice  
    • soybomb315
      Posted on June 8, 2012 at 10:58pm

      i dont know if picking apart every little detail of what the other guy says is the way to go. I know thats what the democrats do but it doesnt make it right. Romney could right this country by talking about ideas and principles

      Report Post » soybomb315  
  • Gonzo
    Posted on June 8, 2012 at 3:20pm

    Obama just came back out to “clarify” his earlier remarks. LOL, it must have been an interesting conversation when some aide had to sit him down and tell him the private sector is sucking wind.

    Report Post » Gonzo  
    • RJJinGadsden
      Posted on June 8, 2012 at 4:05pm

      Gonzo, caught that too. I need to watch it again since I was laughing so hard that I missed parts.

      Report Post » RJJinGadsden  
    • Bluebonnet
      Posted on June 8, 2012 at 4:51pm

      Romney said he’s out of touch. How long has it been since he touched it? meaning the economy.
      He & his wife have had carte blanche with our money for so long, he thinks we’re all doing “fine.”
      Yeah, and I believe elephants fly and Americans eat dog.

      Report Post »  
    • IowanativeER
      Posted on June 8, 2012 at 6:06pm

      Please be reminded that Obama’s views do evolve. This time they evolved extremely quickly.

      Report Post » IowanativeER  
    • soybomb315
      Posted on June 8, 2012 at 11:25pm

      i guess the bickering match has started. Looks like Romney is paving the way for a popularity contest in which the coolest person becomes president – no room to talk about ideas in 2012

      Report Post » soybomb315  
    • West Coast Patriot
      Posted on June 9, 2012 at 3:14am

      Soybomb, Romney will not want to touch the subjects you are asking for, it would eventually show who he really is. A Fake. People have been duped again by a smooth talking around the positions politician. He will never talk in absolute terms, he will sidestep the issues with grace and rhetoric.
      http://www.youtube.com/watch?v=NJG75FJkjr8

      Report Post » West Coast Patriot  
  • buyundbuy
    Posted on June 8, 2012 at 3:20pm

    President Romney already knows that whatever Mr. Obama says is either a Lie, a Distraction or a Distortion… so he will have to be very creative in saying it.

    There are only so many ways to say that a guy is lying.

    Report Post » buyundbuy  
  • Dave In Arizona
    Posted on June 8, 2012 at 3:19pm

    Out of touch!? How about a crock of horse hockey?

    Report Post » Dave In Arizona  
    • BLACKDIAMONDSKIER
      Posted on June 8, 2012 at 3:44pm

      Hey Romney….I’ve got some advice for you. Instead of telling the American people what they already know. Why don’t you do something about it?

      Tell us what you believe in. Speak the truth (no matter the consequences)…..in other words show us courage. Make sure that the principle of equal justice for all doesn’t only apply to those outside the administration. Promote charity. Stand against hatred and evil. Show the American people courage. Take a stand againt tyranny no matter which party it comes from. You want respect……DEFEND THE CONSTITUTION at all costs to you, both politically and personally. Show us honor. Then you will find yourself “in touch” with the American people and you won’t have to worry so much about what the other side is saying. The key is to get “yourself” in touch with the American people.

      Report Post »  
    • AmazingGrace8
      Posted on June 8, 2012 at 3:58pm

      @blackdiamond

      Good post. Caught the tail end of a spot on Rush’s program and he said something like Pres.Obama thinks everything is fine, people are being fed (food-stamp program) by the millions. Logic?….many people are enjoying “the nanny-state”.

      Report Post »  
  • KidCharlemagne
    Posted on June 8, 2012 at 3:15pm

    Obviously, we need more economic stimulus:

    ————————————————————————————-
    “ROMNEY: Well, I frankly wish that the last Congress would have dealt with the stimulus issue and that the president could assign that before leaving office. I think there is need for economic stimulus. Americans have lost about $11 trillion in net worth. That translates into about $400 billion a year less spending that they’ll be doing, and that’s net of additional government programs like Medicaid and unemployment insurance. And government can help make that up in a very difficult time. And that’s one of the reasons why I think a stimulus program is needed.”
    http://www-cgi.cnn.com/TRANSCRIPTS/0901/04/le.01.html

    Report Post »  
    • 13th Imam
      Posted on June 8, 2012 at 3:47pm

      A stimulus program could be a 75% reduction in Federal Spending, eliminating the Dept of Ed, Dept of Energy, Dept of Labor, Obamacare.

      Report Post » 13th Imam  
    • Blackhawk1
      Posted on June 8, 2012 at 4:53pm

      13th Imam

      You forgot the big ones HHS and the EPA.

      Report Post » Blackhawk1  
  • True American66
    Posted on June 8, 2012 at 3:11pm

    Did anyone catch him answering the reprters question about the Europen debt crisis with…”well, GREECE IS ACTUALLY ONE OF THOSE COUNTRIES THAT ACTUALLY SPENT MORE THAN IT TOOK IN”….really, Mr. President?….you noticed that?….

    Despicable man…just….DESPICABLE!!!

    Report Post »  
    • jsciai
      Posted on June 8, 2012 at 8:16pm

      Don’t be too hard on the imbecile. it’s not his fault, it’s inferior intellect–ever see his college transcript? Me neither.

      Report Post » jsciai  
  • RamonPreston
    Posted on June 8, 2012 at 3:11pm

    “Out of touch” … you think? Ask all the people who can’t find jobs and their unemployment ran out.

    Report Post » RamonPreston  
    • Restored One
      Posted on June 8, 2012 at 4:01pm

      What an @-hole. Too many Hollywood parites in the past few days. My husband works for a small construction company here in Ca (where the POTUS comes for cash and grab). His boss is doing everything he can to keep him employed and the co going. So much so that beginning 1/2012 he cut our family benefits and one weeks vacation = $10k a year. Not to mention no raise or bonuses for the past 5 years. But my husband is happy to still have a job. O makes me barf!

      Report Post »  
  • ricckky
    Posted on June 8, 2012 at 3:04pm

    any reason why the blaze is not posting my comments

    Report Post »  
    • inexiletill2012
      Posted on June 8, 2012 at 3:17pm

      you must be typing in invisible ink

      Report Post » inexiletill2012  
    • jsciai
      Posted on June 9, 2012 at 6:59am

      Thanks sobo–you just proved yourself an obamaton troll, as I had suspected. Better change your name and avatar so you can try and fool people again.

      Report Post » jsciai  
  • TeaPartyForRomney
    Posted on June 8, 2012 at 3:04pm

    ROMNEY SLAMMED OBAMA LAST NIGHT AS WELL:

    “Obama blames the free-market for the recession” talking to people at a private business. “If he believes that then he blaming each of you for the recession…”

    MUST SEE: http://www.thedailycandidate.com/video/2012/june/romney_market_obama.html

    Report Post »  
    • soybomb315
      Posted on June 8, 2012 at 10:56pm

      what does romney think the reason is for the recession??? And he cant blame obama for it

      Report Post » soybomb315  
  • Locked
    Posted on June 8, 2012 at 3:04pm

    “Out of touch”? Not hearing from your kids for a couple of days is “out of touch.” Being the president and not knowing the private sector is extremely shaky… being the president and saying it “is doing fine”… is a LIE.

    Come on Romney. Take the gloves off a little.

    Report Post »  
  • ricckky
    Posted on June 8, 2012 at 3:04pm

    Obut-a-liar believes his lies—A true sociopath

    Report Post »  
  • MRMANN
    Posted on June 8, 2012 at 3:04pm

    Score one for Mitt.

    Report Post »  
    • justangry
      Posted on June 8, 2012 at 5:43pm

      He got his script at the Bilderberger conference.

      Report Post » justangry  
    • jsciai
      Posted on June 8, 2012 at 8:12pm

      ‘stang’–pretty lame reply. And what would RP have said? Try something intelligent and insightful next time, or go to the Paulbot sites where you belong.

      Report Post » jsciai  
    • justangry
      Posted on June 9, 2012 at 9:24am

      @JS, As a libertarian, I don’t like people telling me what to do. As a veteran, I get indignant when someone tells me what to do. As a Veteran/Libertarian… well all I have to say is get bent loyalist trash.

      Report Post » justangry  
    • West Coast Patriot
      Posted on June 9, 2012 at 4:17pm

      JSCIAI, This is what Romney should be saying, this is intelligent. http://www.youtube.com/watch?v=NJG75FJkjr8

      Report Post » West Coast Patriot  
  • jakartaman
    Posted on June 8, 2012 at 3:03pm

    This guys “administration has the lowest number of business men and the highest number of academics of any administration in history.
    Those that can’t do – teach!! (and unionize)

    Report Post »  
  • normbal
    Posted on June 8, 2012 at 2:57pm

    Use it Mitt. This is the equivalent (if not worse) of George Bush the elder’s awe and wonderment at the LASER barcode reader at the cash register and his not having a clue about the price of a gallon of milk the left threw at him and used to beat him in 1992.

    Report Post » normbal  
  • Micmac
    Posted on June 8, 2012 at 2:54pm

    NoBama’s huberous makes him believe that anything he says will be swollowed whole, because his ego is soooo huge. Dude, the lights have been turned onto to ya… but this is great fodder for his adversaries and that makes me smile wide. This guy is NOT a capitalist, IS a Western NeoSocialist, and the damage he has already done, if not totally overturned by Romney, will forever change the landscape of the USA. Just look at the construction market in the USA. Non-existent, except for minor projects, foreign projects, projects built with private money (non-bank loans) and GOVERNMENT PROJECTS.

    I wouldn’t even p e e on this man.

    NoBama 2012

    Report Post »  
  • marybethelizabeth
    Posted on June 8, 2012 at 2:54pm

    I’m not really sorry to hear about Mr. Romney’s financial difficulties. I’m surprised he would admit this while portraying himself as a fiscal savior. What goes around comes around.

    If Mr. Romney’s financial difficulties arfe such that he would like to discuss a loan, he could contact me here. I

    Report Post » marybethelizabeth  
    • inexiletill2012
      Posted on June 8, 2012 at 3:05pm

      are you on the same page as all of us here ?

      this is about Obamas statement “The private sector is doing fine”

      Report Post » inexiletill2012  
    • contkmi
      Posted on June 8, 2012 at 3:17pm

      Uh, wut?

      Are you commenting on the same article I read? Are you making stuff up? Are you that out of touch?

      Report Post » contkmi  
    • Want our country back
      Posted on June 8, 2012 at 3:22pm

      Mary Beth… if you believe what you type, and are OK in the direction that this communist is taking the country, well you have a right to that opinion, as misguided as that is. But before you commit to voting for him again, please check out what the people of countries under dictatorship look like. Many of us here have family that have lived under dictatorship and they left their beloved countries for a better life. Now we have a person in a position of power that has so divided us that we are uncivil to each other’s position. Mitt Romney is a good man and a great businessman and WILL turn the country around when he wins….. you are always welcome on our side.

      GOP2012

      Report Post » Want our country back  
    • barber2
      Posted on June 8, 2012 at 3:29pm

      CONT: Mary just posted that she wants the Republicans to Impeach Mr.Obama . Maybe she is having a melt down…..

      Report Post »  
    • TSUNAMI-22
      Posted on June 8, 2012 at 3:30pm

      @ marybethelizabeth

      I think that the truth is that you WISH you had Romney’s financial difficulties.

      Report Post »  
    • marybethelizabeth
      Posted on June 8, 2012 at 3:32pm

      Mr. Want Our Country Back..

      I didn’t vote for President Obama in the past and will not vote for him in November.

      I think the fact that he ordered a cyber attack on Iran, an act of war, and has a kill list, are both valid grounds for immediate impeachment.

      But I think for myself and just don’t repeat phrases that Mr. Beck put out.

      If Mr. Romney is not speaking of personal experience saying the President is out of touch, then you have to assume he just made up what he said.

      Report Post » marybethelizabeth  
    • marybethelizabeth
      Posted on June 8, 2012 at 3:49pm

      To Continue, Mr. Want Our Country Back

      A Venture Capitalist buys companies and sells off the valuable parts. He then borrows money against whatever assets are left.
      Because the debt payments are expenses, the venture capitalist structures the repayment in such a way that an unprofitable company is now profitable.

      He then sells off the company, now loaded with bank obligations to new owners who only see the companies “new profitability.”

      This is the kind of sleight of hand that has been going on with the country’s budget for too long .
      Mr. Romney is not a remedy, he’s a “fixer”.

      No Thanks.

      Report Post » marybethelizabeth  
    • TSUNAMI-22
      Posted on June 8, 2012 at 4:05pm

      @ marybethelizabeth

      Mr. Romney is not a remedy, he’s a “fixer”. No Thanks.
      ~~~~~~~~~~~~~~~~~~~~~~~
      Would you prefer to give a “destroyer” another 4 years? I don’t care that much for Romney either, but sometimes one has to choose between the lesser of two evils.

      Report Post »  
    • eagle2715
      Posted on June 8, 2012 at 5:47pm

      “To Continue, Mr. Want Our Country Back

      A Venture Capitalist buys companies and sells off the valuable parts. He then borrows money against whatever assets are left.
      Because the debt payments are expenses, the venture capitalist structures the repayment in such a way that an unprofitable company is now profitable.

      He then sells off the company, now loaded with bank obligations to new owners who only see the companies “new profitability.” ”

      You say you think for yourself, but by your description of Venture Capital you clearly don’t. This is strait out of the talking points of the DNC, who got them from moveon.org. So your either a progressive TROLL or a democratic zombie repeating what ever is your told…

      You know what companies got started with ‘venture capital’?

      Apple, IBM, Microsoft, GE, DOW Chemical, CAT, Ford, Boeing…the list goes on, and on, and on, and on. Last I checked all of those companies I listed were doing fine… They weren’t parted off and sold with huge debt, and they employ millions of people…

      Report Post » eagle2715  
    • jsciai
      Posted on June 8, 2012 at 8:20pm

      Watch out guys, the Paulbots are reduced to copying/pasting their posts. Or maybe Mary and Eagle are the same person. Hmm–Meagle, yesss Preciousssss.

      Report Post » jsciai  
    • jsciai
      Posted on June 8, 2012 at 8:28pm

      I think Mary, Mary quite contrary is suffering from PMSNBC today.

      Report Post » jsciai  
  • Tri-ox
    Posted on June 8, 2012 at 2:53pm

    I have never heard obama say anything that was not out-of-touch; the “private sector is doing fine” remark is a golden example, but, it simply proves (again) what we already know about obama – he is completely delusion, unstable, destructive and very, very dangerous.

    Report Post » Tri-ox  
  • MAMMY_NUNN
    Posted on June 8, 2012 at 2:52pm

    It’s easy to be out of touch when your hob nobbing with the rich and famous treating him as a king.

    Report Post »  
  • FREDD The WILSON
    Posted on June 8, 2012 at 2:49pm

    Keep doing what your’re doing Barry. Alienating the demoncrats, ******* off the conservatives and shocking the centrists. You are doing a great job .Like you B** buddy Biden, every time you open your mouth your brains fall out. It will be interesting to see where all that campaign money you are earning/stealing will eventually go. (ie your bank account)

    Report Post » FREDD The WILSON  
  • h20sue
    Posted on June 8, 2012 at 2:49pm

    Mr. Romney is being so kind. BHO is just mentally out of his mind! Romeny’s got class, because he should have said something much more harsh. I sure would like to, however; Glenn Beck would have me locked up!

    Report Post »  
  • RJJinGadsden
    Posted on June 8, 2012 at 2:48pm

    Aaargh! I keep glancing at the TV hoping to see the new RNC ad regarding that ‘fine’ statement, that Rush reported having already seen it earlier. Still hoping that The Blaze will put it in an upcoming story.

    Report Post » RJJinGadsden  
    • Fubared
      Posted on June 8, 2012 at 2:54pm

      They have to hammer it home. We are seeing his experience in the private sector- 0.0 The fed is doing great hiring for new regs and 0bammy care, so shirley, our private sector is fine. What a moron.

      Report Post »  
  • HKS
    Posted on June 8, 2012 at 2:44pm

    Since Obama knows nothing about making money, that would be an accurate statement.

    Report Post » HKS  
    • jackpinesavage
      Posted on June 8, 2012 at 5:30pm

      What do you mean Obama doesn’t know anything about making money. I heard he has the printing presses over at the Fed running 24×7!!

      Report Post »  
  • pavnvet
    Posted on June 8, 2012 at 2:44pm

    I just said that. Of course, I do expect that Romney would get more attention.

    Report Post » pavnvet  

Sign In To Post Comments! Sign In