Mitt Romney’s campaign released a new web video Saturday hitting President Obama for comments he made and later walked back saying the private sector was “doing fine.”

The video opens with a clip of Obama’s remark to reporters in the White House Friday that “The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government.”

While the president quickly corrected the statement hours later, Romney’s campaign moved to use the remarks to pain the president as out-of-touch.

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