Mitt Romney's campaign on Friday jumped on a comment by President Obama at a press conference that "the private sector is doing fine."

The Romney campaign sent out a statement from spokesman Ryan Williams:

"Today, President Obama inexplicably claimed that 'the private sector is doing fine.' But the 23 million Americans who are struggling for work are not 'doing fine.' Job creators and small businesses are not 'doing fine.' The middle class is not 'doing fine.' There is no denying that President Obama has been fundamentally hostile to job creators and his policies have prevented our economy from rebounding. America needs a president who understands the economy and knows how to get our country back on track."

In Council Bluffs, Iowa, Romney slammed Obama for the comment, saying it "will go down in history" as an "extraordinary miscalculation," according to the Washington Post's Phil Rucker.

As Rucker reported, Romney said Obama is "definiting what it means to be detached and out of touch."

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