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U.S. President Barack Obama has fired off a two-minute campaign spot in the swing states of Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio and Virginia hoping to assert himself on the number one issue of the 2012 election – the economy.

The spot – entitled “Kitchen Table” – makes (not unconvincingly, we might add) the same argument that Obama has been making for years, namely that his policies rescued America from economic doom and that electing Mitt Romney would result in a return to the policies that created the downtown.

“When I took office we were losing nearly 800,000 jobs a month and were mired in Iraq,” Obama says in the spot.  “Today I believe that as a nation we are moving forward again. But we have much more to do to get folks back to work and make the middle class secure again.”

Take a look …

“Governor Romney believes that with that even bigger tax cuts for the wealthy and fewer regulations on Wall Street all of us will prosper,” Obama says.  “In other words he’d double down on the same trickle down policies that led to the crisis in the first place.”

The only problem with that argument?  Obama has already “doubled down” on the failed policies of the former administration – bailouts, corporate cronyism and unchecked government growth.  Railing against the result of those failed policies is hypocritical … and nothing more than a friendlier, more eloquent extension of his blame shift strategy.

Also the last time we checked nobody is proposing tax cuts … which is the problem.   They’re proposing tax shifts.  In fact in the last iteration of his “Etch-A-Sketch” campaign, Romney claimed that any tax relief his plan provides would be offset by tax hikes.