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The president's campaign isn't "doing fine" amid McCain-like gaffe

Remember when John McCain four years ago in Jacksonville said "the fundamentals of our economy are strong" after the collapse of Lehman Brothers? It was a snippet of a quote that defined his campaign, thanks to Barack Obama.

Now, amid rampant unemployment and poor economic news, President Obama said "the private sector is doing fine." And he's getting the same treatment he doled out on McCain.

Here's Republican Mitt Romney's latest web ad/prequel to a commercial:

And here's one from the vault -- Obama's ad whacking McCain over his comment