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Former Obama Adviser Steven Rattner: Private Sector Not Doing Fine

Steven Rattner, former advisor to President Obama disagrees with the president's claim that the private sector economy is doing "just fine."

“I think you have a hard time saying the private sector is doing fine,” Mr. Rattner said on MSNBC's "Morning Joe," noting that close to 5 million private-sector jobs have disappeared since the beginning of the recession.

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