Slate’s Dave Weigel argued today that it takes President Obama’s comment in Oakland – “we tried our plan — and it worked” – is being taken out of context to create a false perception that the president believes his policies fixed the (still bad) economy.

“Obama wasn’t talking, at this moment, about his own economic record. He was arguing that the economy had grown and the deficit had shrunk when marginal tax rates were higher,” Weigel writes today. “So the truncated version of the Obama quote is insanely misleading. At best, it’ll only appear in $10.4 million or so of TV ads.” (Aside: apologies for truncating the Weigel paragraph, which contains other good points).