Barack Obama: "The Private Sector is Doing Fine"

The president has no grip on reality. Mitt Romney cannot even make a campaign ad out of this poorly chosen statement without looking like he is piling on the kid who has already failed his oral exam, has to fill has five more minutes to ramble on incoherently.

Not to worry, folks. The press will find something frivolous to divert our attention away from Barack Obama's gaffe. I hear Ann Romney has some expensive horses.

In the name of fairness, I present Obama's effort at damage control. Obama merely misspoke, but one would hope for more caution and perspective from a sitting president when speaking on a poor economy during an election year.