“First there was the intra-party angst, fueled by questions about Clinton’s dependability after he seemed to undermine the Obama campaign’s attacks on Bain Capital by saying Romney had a sterling business record.
Then came the employment report that showed the economy had added just 69,000 jobs in May, which renewed concerns among Democrats about how competitive the election might actually be and about whether Obama had any new ideas for fixing things.
Then came another Clinton moment, when he had to walk back a comment saying that the Bush tax cuts, even those for the wealthiest Americans, might have to be extended temporarily because the economy was weak — a comment 180 degrees off from the position of the White House.
Then came the latest evidence that the Democrats were in serious danger of losing the fundraising wars, perhaps by hundreds of millions of dollars, in view of Romney’s success in May and the potential war chests of Republican super PACs raising money through unlimited, and often secret, donations.
Finally, and unexpectedly, the president committed a major gaffe when, in an unscripted moment and trying to defend himself from critics who accused him of blaming Europe for America’s economic problems, he said, “The private sector is doing fine.”
It helped only a little that Obama tried to take back the comment hours later. “It’s absolutely clear the economy is not doing fine,” he told reporters after a meeting with Philippine President Benigno Aquino III.”