Obama pitches platform in new two-minute ad

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The Obama campaign released a new two-minute television ad, laying out the president’s platform on issues ranging from the national debt to education.

“During the last weeks of this campaign, there’ll be debates, speeches, more ads,” he starts. “But if I could sit down with you, in your living room or around the kitchen table, here's what I’d say.”

Obama describes the shape of the American economy when he took office, saying that he believes the nation is moving forward despite the amount of work that still needs to be done, a theme similar to his Democratic National Convention speech earlier this month.

“Now, Gov. Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper,” Obama says. “In other words, he’d double down on the same trickle-down policies that led to the crisis in the first place.”

Obama then lays out a four-point plan for his second term, which includes increasing manufacturing and teaching jobs and reducing both the deficit and the use of foreign oil.

“It’s time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class,” Obama says. “Read my plan. Compare it to Gov. Romney’s and decide for yourself.”

A day earlier, Romney came out with a similar one-on-one ad, where he laid out his economic plans for the country. Romney has argued that Obama’s policies would increase the deficit and impede job growth. Both men crisscrossed Ohio on Wednesday spreading their respective messages. In response to Thursday's ad, the Romney campaign pushed back.

“Four years ago, Barack Obama called it ‘unpatriotic’ to run up debts our children will have to pay," Romney campaign spokeswoman Andrea Saul said in an emailed statement. "Yet in the time it takes his latest ad to run, our national debt grows by at least another $5 million. With $16 trillion in debt, 23 million Americans struggling for work, and spending out of control, President Obama’s record is clear: we can’t afford another four years that look like the last four years. Mitt Romney will strengthen the middle class, create 12 million new jobs and deliver what President Obama hasn’t – a real recovery.”

Priorities USA Action, a pro-Obama super PAC, and AFSCME teamed up for a new radio ad released on Thursday, attacking Romney on his “47 percent” comments.

“Romney is a millionaire who uses loopholes to pay a lower tax rate than many nurses or police,” the ad says. “Romney’s plan makes middle class families pay more -- $2,000 a year -- while giving multi-millionaires a tax cut of $250,000. Mitt Romney’s just not looking out for us.”

The Obama campaign’s new ad will air in the battleground states of Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio and Virginia.

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