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Will the President's Jobs Bill Work?

Passing the president’s jobs bill ... Will Obama’s plan really put Americans back to work? Monica Crowley breaks it down today at 4p ET on Your World.

According to FoxNews.com, President Obama's comments Friday that the private sector is "doing fine," sparked immediate outrage. Read the article below.

Obama said late Friday it is "absolutely clear" that the U.S. economy is "not doing fine." He also said there has been some "good momentum" in the private sector, but Congress needs to act to help boost jobs in the public sector.

“The private sector is doing fine,” the president said during a morning White House press conference. “Where we're seeing weaknesses in our economy have to do with state and local government. … If Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments.”

Romney, the GOP presidential candidate, responded within minutes from a campaign stop in Council Bluffs, Iowa.

“He said the private sector is doing fine,” Romney said. “Is he really that out of touch? I think he’s defining what it means to be detached and out of touch with the American people. Has there ever been an American president who is so far from reality as to believe in an America where 23 million Americans are out of work.”

Read the full article here.

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