The Romney campaign released a new television ad on Thursday, using President Obama’s “doing fine” line against him.
After listing a litany of poor economic numbers, including 23.2 million Americans in need of work and 40 straight months of over 8 percent unemployment, the 30-second negative ad shows Obama at last Friday’s press conference saying, in part, “the private sector is doing fine.” The ad repeats the line several times.
"The private sector is doing fine? How can President Obama fix our economy if he doesn't understand it's broken?" the ad concludes.
This line has been attacked by Republicans relentlessly in the last week. Democrats, however, say the line has been taken out of context and chopped up to benefit Romney; Obama has since said that the economy was not doing fine and that he still had more work to improve unemployment numbers.
Both candidates are holding campaign events in Ohio on Thursday. The president has said that he will be delivering a major economic speech, where he will lay the groundwork for his future economic policy. Romney blasted the president on Wednesday, saying “words are cheap.”