Detailed text transcripts for TV channel - FOXNEWS - 20120609:17:07:00
Conference yesterday, about the economy. the remarks creating a backlash from critics after the president said that if the private sector is doing, quote, doing fine. take a listen. >> the truth of the matter is that, as i said, we created 4.3 million jobs over the last two-- 27 months. over 800,000 just this year alone. the private sector is doing fine. >> kelly: hours later, mr. obama immediately backed away from those comments, hoping instead to clarify his earlier point. >> the economy is not doing fine. there are too many people out of work, and the housing market is still weak and too ma...