Washington (CNN) - It is the line Mitt Romney and his allies hope keeps giving.
The super PAC backing Mitt Romney, Restore Our Future, is up Wednesday with a $7.6 million ad buy featuring a spot going after President Barack Obama's line at a recent White House press conference that "the private sector is doing fine."
– Follow the Ticker on Twitter: @PoliticalTicker
The commercial first flashes on the screen how the nation's unemployment rate just rose to 8.2% and how the country has had 40 straight months of unemployment over 8%. Then it inserts the president uttering the “private sector” line. Then the ad points out that 23 million Americans cannot find full-time jobs and 30% have been out of work for more than a year, while reiterating the president's line again.
This ad comes as the Romney campaign itself is in the second week of its own commercial – its first negative ad of the general election media campaign – attacking the president over the gaffe, which showed many of the same dire economic statistics.
During the president's June 8th press conference, he touted that 4.3 million jobs were added in the private sector in the past 27 months. He was trying to draw a distinction between the private sector's job performance and troubles in the public sector.
"The private sector’s doing fine," he said. "Where we're seeing weaknesses in our economy have to do with state and local government, often times cuts initiated by, you know, governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don't have the same flexibility as the federal government in dealing with fewer revenues coming in."
Republicans immediately pounced blasting the president and his re-election campaign for the gaffe. Later that day, Obama told reporters he knew the economy was not doing fine.
This marks the first time in the general election ad wars that both the Romney campaign and Restore Our Future are on the air at the same time. Team Romney just bought almost $3 million for another week of advertising.
As CNN reported Tuesday, this is the PAC's first buy in over a month and will run in the same nine battleground states as the spots from the Obama re-election team, which criticize Romney’s record as Massachusetts governor and his economic message.
A money breakdown of the Restore Our Future campaign running through June 30th:
Florida: $1.6 million
New Hampshire: $309.000
North Carolina: $1.3 million
Ohio: $1.2 million
Intelligent Americans understand exactly what President Obama meant. While the economy may be bad for private citizens (real people – not the people aka. corporations), the private sector IS doing incredibly well – sitting on records amounts of $$$ and not hiring. All the while, their taxes are lower than they've been in decades, so they can't use that as an excuse. Perhaps if the private sector spent less $$$ attempting to buy the office of the Presidency they could afford to hire workers and pay them a decent wage.
Americans are sick and tired of the GOP attacks. Romney has hired Bush advisors. Americans do not want another Bush in the WH
His policies are all secret, so all he has is attacks.
So this is all they have to go on? If you look at corporate profits, executive compensation and Wall Street bonuses he is absolutely correct.
Kind of reminds me how they have to keep clinging to the "57 state" comment (and c'mon you know what he was trying to say, he'd been to 47 states, he knows there are 50, happens to everyone) FOUR YEARS after it was made.
Note to GOP: Go for it! You are only going to get so much mileage out of this one poorly stated comment by the President. If he had preceded the comment by either, "Many segments of" or "In many respects" his statement would have been fine, as both are very true.
Now let the GOP explain why if things are really not well, why has the new GOP do-nothing Congress sitting on its hands? Is it because they are willing to throw the American people under the bus for political gain? You betcha!
The privite section is durning fine ,the stimilus save the Auto company and major construstion all over the country pumping un told billion into economy. The ancient civilization got it right during recession in oderr keep the people busey build build untile business start hiring and this is what this adminstration is durning. Bless.
Romney said on "face the nation" radio show that he would attack Iran if they did not stop enriching uranium. There you have it folks. MORE wars from the Repubs
yes! we agree the PRIVATE SECTOR AND MITT ROMNEY are doing fine. One Romney' donor can afford to give $100 millions for election. How come the Private sector and Romney are'nt doing fine? Are we people stupid?
These repubs keep screening that government doesn't create jobs the private sector does, well Obama had taken the private sector employers from the pit of the abyss, and set them up to be more successful more than any times in this country's history, the problem is these so called job creators are replacing American workers with robots, computer systems, and Chinese slave workers to cut cost. Obama needs to take away the bush tax cuts, and start modernizing our country to keep up with china modernization explosion before it's too late.
Stop picking on Obama. He admits he can't fix the problems he got from Bush. He has hardly stepped in office and now everyone expects him to fix all this stuff he inhereted.
If the president actually understood economics 101 we would not be in he shape we are in today and policies to actually improve the economy instead of policies to get reelected would have been in place 3.5 years ago! Bush was bad Obama has made it worse- time to move on until we actually get a leader.
Oh by the way Obama has also stated he would not allow Iran to have a nuke-- Draw on the war thing
If this is the best they have, they're going to be in a world of trouble. Taking comments out of context in order to decieve the public is notgoing to win you an election. Restore our Future's true intentions is to "Outsource Our Future."
People have already tuned out the negativity and these ads. There money would be better spent getting a ground game in place in states that the Romney campaign has barely done anything. And that includes certain swing states. But again, this is the Romney campaign, so what would you expect?
All republicans have to do is show ads with dictator obama laughing saying that the shovel ready jobs weren't as shovel ready...laugh laugh. Show all the flip flopping he has done for votes! The poor man has nothing to show for the last 3+yrs but to blame, blame, lie, blame and lie some more...how long is that nose of obama? Any good the man has done is because of the past administration and he makes sure he take total credit for that. He's worst than jimmy carter and I didn't think anyone would be as bad as Carter!
It is interesting watching Obama/ Biden 2012 tell us how wonderful now the employment situation is and then to take credit for it. Bring on the debates! This will be where Mitt Romney shows America that his experience and vision forward are much more believable than Obama's pile of excuses and fairy tales. We do not need more of the failures of 2009 and 2010. America is ready to move forward and leave the Keynesian economic experiments to Europe. It's time to start tackling that $16 trillion pile of debt and put people back to work in the private sector.
Gaffe? You mean the private sector is not doing fine?? But., but.. I'm so confused..
republicans way to get the economy going-war short time dead end fix
That is great, the more he tries to change the subject of his corrupt, inept, incompetent performance on the economy in to those nice soft issues that the liberally biased press buys in to, the more the Republicans need to attack him on this economy he promised to fix and then turned around and gave over a trillion dollars to the corrupt union bosses that stole the election for him.
All republicans have to do is show ads with dictator obama laughing saying that the shovel ready jobs weren't as shovel ready...laugh laugh.
Oh you mean like the previous occupant of 1600 Pennsylvania Avenue's search for WMDs all over the WH? Your ilk laughed so hard that he got another four more years to take America into the abyss. If the rethug governors had used the $$$ for its intended purposes instead of giving tax breaks to wealthy individuals and plugging gapping holes in their states' budgets that resulted from those tax cuts they could have created jobs.
Firstly, the private sector is far from fine. The stimulus is wearing off like the cheap aresol high that it is. We blew a hole through the deficit and we cant even get below 8% unemployment. So QE3 is next, which means more misallocated resources and more false signals and market distortion. And since QE3 wont work, that means QE4 and 5 and that means inflation. This economic rollercoaster is only approaching its final incline. Things are not getting better. This bubble will be exposed just as the housing bubble before it and the stock market bubble before that. Any notion of a recovery is an illusion.
As far as the public sector goes, it should be cut. Massivley. If the public is broke, then the government is broke. The idea that we can fix a problelm caused by over spending, printing, and borrwing by spending, printing and borrowing is idiotic.
Get out of the dollar.
The private sector is sitting on between 1 – 2 trillion dollars. Big oil is still receiving the American taxpayers' money as subsidies. Now if that's not doing fine, what is? Where are the jobs Congress???
Four and the Door
Funny you still believe in fairy tales,like the one where jobs fall out of the sky from the Bush tax cuts,don't rush out and buy a hard hat
That is so two weeks ago. Keep up. Yeah, they got nuthin'
...Big oil is still receiving the American taxpayers' money as subsidies. ..
ExxonMobil paid more in income taxes than any other U.S. company last year, $17.6 billion or 47 percent of pretax earnings. They actually are America's largest taxpayer. What? Obama didn't mention that part?
All you have to remember is corperations record profits that means the private sector is doing fine. All they have to do now is start hiring