* President's team broadens attacks beyond business record
* Obama foreshadows new strategy at Iowa campaign rally
* Aides to criticize Romney's time as Massachusetts governor
* Romney campaign says Obama has his own record to defend
By Jeff Mason and Laura MacInnis
CHICAGO/DES MOINES, Iowa, May 24 After weeks of
painting Republican presidential contender Mitt Romney as a
job-slashing corporate raider, President Barack Obama and his
re-election campaign are broadening their attack to include
Romney's record as Massachusetts governor, arguing his policies
hurt the state.
Obama, in an impassioned campaign speech in the battleground
state of Iowa on Thursday night, foreshadowed that shift in
strategy when he said Romney had made his business experience
the centerpiece of his candidacy but "doesn't really talk about
what he did in Massachusetts."
The move, described by campaign officials, marks a change
from the campaign's recent main focus on Romney's time as a
private equity executive at Bain Capital aimed at casting him as
more concerned with the wealthy than the middle class.
The Obama team's approach on Romney's work at Bain has faced
some criticism. Some saw it as hypocritical at a time when the
campaign was seeking donations from private equity executives.
And while the attacks have been part of a strategy to define
Romney as out of touch with most Americans, the presumptive
Republican nominee has been rising in recent polls, most of
which show the race in a dead heat.
Despite that, Obama pressed his assault on Romney's private
equity background in his toughest terms so far and mocked him
for saying "corporations are people," a comment he made last
August while campaigning in Iowa.
Obama also rebutted Romney's recent claim that the
Democratic president had created a "prairie fire of debt" since
taking office, dismissing that as a "cow pie of distortion."
"Governor Romney has made his experience as a financial CEO
the entire rationale for his candidacy," Obama told a boisterous
rally of about 2,500 people inside a barn like building at the
state fairgrounds in Des Moines.
He suggested Romney did not want to remind voters of his
credentials outside the corporate world "but he does talk about
being a business guy."
"He says this gives him a special understanding of what it
takes to create jobs and grow the economy - even if he's unable
to offer a single new idea about how to do that," Obama told the
Iowa crowd, who booed loudly when Romney's name was mentioned.
"So I think it's a good idea to look at the way he sees the
economy," the president continued. "He sincerely believes that
if CEOs and wealthy investors are getting rich, then the wealth
is going to trickle down and the rest of us are going to do
well, too. And he is wrong."
Though Obama did not explicitly assail Romney's record as
governor of Massachusetts from 2003 to 2007, campaign officials
made clear this would be their new focus in the weeks ahead.
ROMNEY CAMPAIGN PUSHES BACK
By broadening its attack, the Obama re-election team will
make the case that Romney's economic philosophies have pervaded
his career and would damage the country.
Romney's campaign quickly pushed back.
"By the end of this year, President Obama will have presided
over a record-shattering four consecutive trillion-dollar
deficits and added an historic amount to our national debt. Our
children will be footing the bill for his failed policies years
from now," said Ryan Williams, a Romney spokesman.
"It's as if he's forgotten that he's been president for
nearly four years and has a record to defend," Williams said.
An Obama campaign official, who spoke on the condition of
anonymity, said: "You'll see over the course of this campaign a
really strong connection between (Romney's) time at Bain and the
values and lessons that he took from that."
"He used those values and lessons in Massachusetts, and
we'll take a look at those results," the official said.
The attacks are likely to focus on Romney's record of
cutting education funding and increasing the state's debt.
Obama campaign officials are also eager to note that Romney,
who spoke frequently about his time as governor in the 2008
Republican primary, barely mentions that time in speeches now.
It's unclear whether the campaign's assault on Romney's
governorship will match the intensity of the Bain onslaught,
which has included Internet videos and TV advertising.
The Obama campaign official said the focus on his record as
governor would build on the Bain strategy.
"The next step is to build out. You know, he promises to
take his business experience to the Oval Office, just like he
promised to take his business experience to the state house,"
the official said. "Let's take a look at how that worked out."
The arguments will not be totally new.
Coinciding with Romney fundraisers in Boston on Thursday,
the Massachusetts Democratic Party held a news conference to
discuss the former governor's "failed record," noting the state
was ranked 47th out of the 50 states in job creation during
RANKED LOW IN JOB CREATION
And Obama's campaign has highlighted Romney's Massachusetts
record previously in email messages to reporters.
Romney has emphasized his background as a business executive
to suggest he is better placed than Obama, a Democrat, to reduce
high unemployment and accelerate the fragile economic recovery,
the public's chief concerns in the November election.
Obama's campaign has focused on job losses at companies that
Bain acquired, while steering clear from the success stories of
companies it built up or saved - a side of Bain's corporate
footprint Romney's campaign touts.
Bain aside, there is plenty of fodder for Obama and his
fellow Democrats to cherry-pick from Romney's Massachusetts
record. Romney closed a $1.2 billion budget gap in his first
year in office in part by eliminating $277 million in education
funding, which was shifted to local governments, according to
the nonpartisan Factcheck.org.
Funding for higher education also fell $145 million that
year. Average student fees rose 63 percent during Romney's time
in office, to $4,836, according to the Boston Globe, and tuition
rose during that period as well.
Romney often says he balanced the state's budget without
raising taxes, but does not mention that he raised about $750
million in revenue each year by closing tax loopholes and
raising fees, according to the nonpartisan Massachusetts
The state's long-term debt also increased by 16 percent
during Romney's tenure, according to state data, and in 2007,
Massachusetts had the highest level of bond debt per capita in
"As a governor he cut funding for manufacturing and
community colleges, didn't invest in education - the cost of
tuition soared - and vetoed legislation that would have
prevented outsourcing while ... promoting special breaks for the
wealthiest," a second Obama campaign official said. "That's the
same type of economic philosophy he's promoting right now."
Romney has called the attacks on his business record a form
of character assassination. Obama's campaign rejects that view.
"Romney thinks that any discussion of his record is
negative," the second official said. "He's attempted to declare
his record off-limits."