Jonathan Chait, NY Magazine
When President Obama made his famous gaffe last Friday, saying “the private sector is doing fine,” he was trying to make a factual point. Republicans have spent the last three years lashing him as a huge spender and assailing him for harming the economy, but in fact, the current recovery has seen a sharp and unusual contraction of public sector employment. (Ezra Klein has a nifty chart showing this.)Mitt Romney’s campaign has tried to keep the controversy going. It released its own video purporting to skewer Obama as a hypocrite. The Romney video purports to show...