Here’s the frame, as laid out by the Obama campaign:
This election offers the American people a chance to break the stalemate between two fundamentally different visions of how to grow the economy, create middle-class jobs, and pay down the debt. Governor Romney and his allies in Congress believe that if you simply take away regulations and cut taxes by trillions of dollars, the market will solve all our problems on its own. The President believes the economy grows not from the top down, but from the middle class up, and he has an economic plan to do that — a plan that focuses on education,energy, innovation, infrastructure, and a tax code that creates American jobs and pays down our debt in a way that’s balanced.
After watching Mitt Romney’s prebuttal speech, this is looking like a preview of what the debates will be like.