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The economy on the campaign trail

Thursday, June 14, 2012 - 01:33

June 14 - U.S. President Obama is casting his re-election battle with Mitt Romney as a clash between starkly contrasting economic philosophies. Deborah Lutterbeck reports.

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U.S. President Barack Obama is casting his re-election battle with Mitt Romney as a clash between starkly contrasting philosophies. In a high-stakes speech in Ohio Thursday he charged that his Republican rival would hollow out the middle class. Obama is accusing Romney of wanting to resurrect the Republican economic policies that preceded the 2008 crisis that plunged the United States into a recession from which it has not fully recovered. (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA SAYING: "We can't afford to jeopardize the future by repeating the mistakes of the past. Not now, not when we've got so much at stake," On a day when both presidential candidates spoke in Ohio, Romney sounded off on Obama's record. (SOUNDBITE) (English) REPUBLICAN PRESIDENTIAL CANDIDATE MITT ROMNEY SAYING: "He's been president for three and a half years. And talk is cheap, actions speak very loud. If you want to see the results of his economic policies, look around Ohio, look around the country," A Reuters/Ipsos poll released Tuesday found Obama's approval ratings have slipped to their lowest level since January - from 50 percent a month ago to 47 percent - because of deep economic worries, wiping out most of his lead in the presidential race. Deborah Lutterbeck, Reuters

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The economy on the campaign trail

Thursday, June 14, 2012 - 01:33