Doyle McManus, Los Angeles Times
On paper, June looked like a bad month for President Obama. It began with a gaffe, his lighthearted comment that "the private sector is doing fine." Then the Federal Reserve revised its growth forecast downward, making it clear that 8% unemployment is likely to linger past election day. Consumer confidence has sagged to a five-month low, and in one poll released this week, 61% of Americans said they think the country's on the wrong track.On top of that, Mitt Romney is out-raising the president in campaign donations, an unusual problem for an incumbent to face.
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