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New Obama Ad Blasts “Romney Economics” (Watch Video)

After last week’s federal jobs report indicated a slowdown in the U.S. economic recovery, President Obama’s campaign hoped to downplay Mitt Romney’s claims of being an economic heavyweight by highlighting his record as Governor of Massachusetts in their latest ad buy.

“Number One,” a 33-second clip released in Pennsylvania Tuesday, attacked Romney’s record on job creation and debt reduction in Massachusetts during his four years as Governor. The advertisement claimed that Romney left Massachusetts $18 billion in debt and 47 out of 50 states in terms of job creation.

A new Obama campaign ad shows Massachusetts climbed to $18 billion in state debt.

“First in debt, 47th in job creation; that’s Romney economics,” the narrator said. “It didn’t work then. It won’t work now.”

Obama’s campaign also compared Obama’s record as President to Romney’s as Governor in a press release, saying that Obama has a “balanced and detailed” plan to reduce the deficit by $4 trillion dollars while Romney would increase the deficit with $5 trillion in tax breaks for millionaires and billionaires.

Andrea Saul, Romney’s national spokesperson, completely dismissed the ad buy, calling it the latest “distortion and distraction” of Obama’s re-election effort.

“President Obama has overseen trillion-dollar deficits, soaring national debt and the first credit downgrade in history,” Saul said.

“Mitt Romney, on the other hand, closed a $3 billion budget shortfall, balanced four budgets, left a $2 billion rainy day fund and received a credit rating upgrade.”

The latest release by Obama’s campaign once again brings to surface the question over whether Pennsylvania will be in play during the general election in November. As PoliticsPA reported earlier this morning, Obama leads Romney 46 to 40 in Quinnipiac’s latest poll.

Obama’s campaign plans to air “Number One” in eight other swing states in addition to Pennsylvania.

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