President Obama's latest television ad seeks to answer Mitt Romney's primary question: Are you better off now than you were four years ago?

The Obama campaign says yes, saying the economy has recovered from the "worst financial collapse since the Great Depression," and has generated "30 months of private sector job growth, creating 4.6 million new jobs."

The ad says: "We're not there yet. But the real question is: Whose plan is better for you?"



It quotes former President Bill Clinton as saying that Romney plans for tax cuts and fewer regulations are "the same old policies that got us in trouble in the first place."

On the campaign trail, Romney notes that the unemployment rate remains above 8% on Obama's watch, and the federal debt now exceeds $16 trillion.

Romney spokesman Ryan Williams said, "Americans are not better off since President Obama took office: 23 million Americans are struggling for work, our national debt has hit a record-breaking $16 trillion and more Americans are in poverty and on food stamps than ever before."

Romney's plan "would lead to a more prosperous future for middle class families spurring growth and job creation, and ensuring that the next four years are better than the last four," Williams said.

The new ad -- "The Question" -- will air in Colorado, Florida, Iowa, New Hampshire, Nevada, Ohio, and Virginia.



