Reminder: The Private Sector is Not “Doing Fine”

Reminder: The Private Sector is Not “Doing Fine”

Remember when President Obama was justifiably criticized for saying that the private sector was “doing fine” last summer when tens of millions of Americans were struggling to find work and the national unemployment rate languished above 8 percent? This was a stunning admission. And Republicans, for their part, did something right for a change by taking advantage of the president’s blunder. However, according to AEI’s Aparna Mathur and data compiled by the Bureau of Labor Statistics, the only workers who seem to be “doing fine” nowadays --...