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.

press conference welcoming President Aquino of the Philippines, 2012-06-08, quoted in Little, Morgan (2012-06-10). "Obama's private sector remarks critiqued, defended on Sunday shows". Los Angeles Times. Retrieved on 2012-06-29.