Today at a press conference, President Barack Obama said that "we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government ..."
Later, in a cleanup attempt, in what the press is claiming is a walkback, Obama really didn't walk it back: "Listen, it is absolutely clear that the economy is not doing fine. That's the reason I had the press conference. ... what I've been saying consistently over the last year, we've actually seen some good momentum in the private sector. We've seen 4.3 million jobs created -- 800,000 this year alone -- record corporate profits. And so that has not been the biggest drag on the economy." He never pulled back from saying that "the private sector is doing fine." The abject panic at the Associated Press is evident in tonight's report by Ken Thomas and Philip Elliott (HT to a NewsBusters tipster; bolds and numbered tags are mine):