President Obama admits he has gaffes too

President Obama admitted Thursday that he is prone to verbal gaffes too.

In a framing speech about the upcoming election and the economy in Cleveland, Ohio, he said that he's made gaffes before and will probably make them again.

The president noted the election would make "many twists and many turns" and that "polls will go up and polls will go down" and "there will be no shortage of gaffes and controversies that keep both campaigns busy and give the press something to write about."

Obama was making an apparent reference to last Friday's press conference, when he said the private sector was doing "just fine."

In Ohio he joked, "You may have heard I recently made my own unique contribution to that process."

After he made last week's "just fine" remark, it was immediately picked up by Republicans and Obama's presumptive GOP opponent Mitt Romney. The president later had to clarify his statement after a bilateral meeting in the Oval Office with President Auino of the Phillippines.

"Listen, it is absolutely clear that the economy is not doing fine. That's the reason I had the press conference. That's why I spent yesterday, the day before yesterday, this past week, this past month, and this past year talking about how we can make the economy stronger. The economy is not doing fine," he clarified Friday.

It was a humorous and frank admission by a president who is often overshadowed by his #2, as Vice President Biden is often the one driving the news with his gaffes.

Biden recently jumpstarted Obama's gay marriage announcement by supporting it on a Sunday talk show, likely months before the president was already prepared to do so. And there was the day of the health care signing where an open microphone caught Biden whispering to Obama that it was a "big f------ deal."

Romney himself has also been gaffe-prone on the trail, with statements like "corporations are people" and "I like to be able to fire people" - in context, both had different meanings and a fuller explanation of his intent, but the Democrats and Obama campaign were quick to use them against him.

The Romney campaign quickly used the "just fine" Obama line and Thursday also marked the first attack ad, which also included the phrase being repeated times. The presumptive nominee spent the day in Ohio too, on the other side of the state from the president, giving a dueling message on the economy.

This was Obama's 22nd visit as president to the swing state.

Obama also further foreshadowed the campaign, "in the coming weeks, Governor Romney and I will spend time debating our records and our experience -- as we should. But though we will have many differences over the course of this campaign, there's one place where I stand in complete agreement with my opponent: This election is about our economic future."