The Private sector's not doing so good? Which private sector was President Obama talking about? Which sector were Republicans referring to? Wall Street or Main Street?
Republicans knew it was Wall Street that the President was talking about when he said, "the private sector is doing pretty good".

But the GOP and Romney jumped on Obama's remarks claiming that it was Main Street that the President was talking about.
Of course Republicans know that Main Street isn't doing as well as Wall Street.

GOP policies, extortion, and hostage taking are beginning to pay dividends. Bailouts have been beneficial to Wall Street. They got bailed out.
Where's Main Street's bailout?

The GOP knows why Obama's been unable to help create more jobs on Main Street. Obama only signs the bills, that up to now, the GOP have prevented from landing on the President's desk.

House Republicans are sitting on the transportation bill. Where's the American Jobs Act that the President asked Congress to pass?

When Republicans claim Obama's out of touch, we need only to look at what the GOP has failed to help him do. Republicans know why more jobs haven't been created, because they are responsible for doing nothing to help those for which they claim to have empathy.