It has to be hard to be a spokesman for President Barack Obama.

As many prominent Democrats who balked at the president’s recent attacks on private equity must have realized, Obama looks bad even when compared to his own attack-ad caricature of Mitt Romney.

The president argues he can create jobs by assailing job creators and spending their money on boondoggles that keep going belly-up.

In this context last week, he declared that Mitt Romney’s experience in private equity was “what this election will be about.” When you’re president, Obama said, your job is not to be an investor, but “to figure out how everybody in the country has a fair shot.”