press conference welcoming President Aquino of the Philippines, Date: 2012-06-08, quoted in Little, Morgan (2012-06-10), "Obama's private sector remarks critiqued, defended on Sunday shows", Los Angeles Times retrieved: 2012-06-29
• posed question: "Mr. President, Mitt Romney says you're out of touch for saying the private sector is doing fine. What's your response?"
“

Listen, it is absolutely clear the economy is not doing fine. That's the reason I had a press conference. That's why I spent yesterday, the day before yesterday, this past week, this past month, and this past year talking about how we can make the economy stronger. The economy is not doing fine.

— Barack Obama

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Listen, it is absolutely clear the economy is not doing fine. That's the reason I had a press conference. That's why I spent yesterday, the day before yesterday, this past week, this past month, and this past year talking about how we can make the economy stronger. The economy is not doing fine." in the context of "press conference welcoming President Aquino of the Philippines, Date: 2012-06-08, quoted in Little, Morgan (2012-06-10), "Obama's private sector remarks critiqued, defended on Sunday shows", Los Angeles Times retrieved: 2012-06-29
• posed question: "Mr. President, Mitt Romney says you're out of touch for saying the private sector is doing fine. What's your response?"" to mean that wisdom is timeless.

Quote Image
Source: Wikiquote: "Barack Obama" (Quotes, 2012) The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app

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#Barack Obama#economy#past#yesterday#doing#thats#fine#absolutely#conference#stronger#talking#listen
Barack Obama

About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.