The Romney camp is out with a new ad:
Now let’s look at the entire passage from the president’s fundraiser in Oakland:
There’s only one way to grow our economy for the long run. That’s what we’re fighting for. That is what this election is about. That’s why I’m running for a second term as President. (Applause.)
I’m running because I believe you can’t reduce the deficit — which is a serious problem, we’ve got to deal with it — but we can’t reduce it without asking folks like me who have been incredibly blessed to give up the tax cuts that we’ve been getting for a decade. (Applause.) I’ll cut out government spending that’s not working, that we can’t afford, but I’m also going to ask anybody making over $250,000 a year to go back to the tax rates they were paying under Bill Clinton, back when our economy created 23 million new jobs — (applause) — the biggest budget surplus in history and everybody did well.
Just like we’ve tried their plan, we tried our plan — and it worked. That’s the difference. (Applause.) That’s the choice in this election. That’s why I’m running for a second term.
Now, could “our plan” refer to Bill Clinton’s plan (“when our economy created 23 million new jobs, the biggest budget surplus in history and everybody did well”)? Maybe, but then we should be voting for Clinton, not Obama.
Obama’s plan is not Clinton’s plan, of course. It includes Obamacare, the threat of a higher marginal tax rate (43.4 percent), Dodd-Frank, a really big debt (instead of balanced budgets), anti-business vitriol, a super-charged Environmental Protection Agency and more.
So, if Obama was saying that Clinton’s plan was the one that “worked,” he’s got two big problems: His plan isn’t Clinton’s and his plan, as the ad suggests, has us in the dumps.
So will Obama claim “Out of context! I would never say my plan worked”? Oh, wait. I see. Good luck with that.