Reuters: Politics: Obama: U.S. economy "not doing fine", action needed

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Obama: U.S. economy "not doing fine", action needed Jun 8th 2012, 19:08 Tweet Share this Email Print Analysis & Opinion Obama campaign TV spot hits Romney as governor Essential reading: Tax tension in Washington, and more U.S. President Barack Obama pauses while speaking in the White House Press Briefing Room in Washington, June 8, 2012. Credit: Reuters/Larry Downing WASHINGTON | Fri Jun 8, 2012 3:08pm EDT WASHINGTON (Reuters) - President Barack Obama said on Friday that more action was required to lift U.S. growth and stressed that "it is absolutely clear that the economy is not doing fine." Obama was speaking to reporters after Republicans pounced on his comments from a press conference that the private sector was "doing fine" and that U.S. economic weakness was mainly rooted in state and local governments, the housing market and construction. (Reporting By Laura MacInnis) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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