Earlier today, the president claimed the private sector is doing fine, claiming that the only problem with the economy was state and local governments not being given enough of China's money by Washington. Now, after facing obvious attack, the president has reset his position.

It is absolutely clear that the economy is not doing fine.... that's why I had the press conference...

Here are Mitt Romney, along with Boehner and Cantor, responding to the president's original statement - which you can see at the end of the Boehner cut.