Visual: President walking in colonnade;

Obama-Biden logo on-screen

VO: When Mitt Romney was governor, Massachusetts was number one.

Number one in state debt.

Visual: Scrolling up a list of states, comes to rest on a large “1” that fills the screen; pull back to reveal Massachusetts at top of list with headline: STATE DEBT” with subhead: “2007 DEBT PER CAPITA”; cite: “Source: Moody’s 2007”

VO: “$18 billion dollars in debt … more debt per person than any other state in the country.”

Visual: Type onto screen: “$18 BILLION IN” above “STATE DEBT”; screen shifts over and type on: “MITT ROMNEY” and “MORE DEBT PERSON THAN ANY OTHER STATE”

VO: “At the same time, Massachusetts fell to forty-seventh in job creation...”

Visual: List flips onto side and turns into a bar graph; slide down graph to end to reveal: “47TH IN JOB CREATION” cite: “Source: Bureau of Labor Statistics”

VO: “One the worst economic records in the country.”

Visual: Pull wide to reveal newspaper quote with Boston Globe masthead: “ROMNEY’S ECONOMIC RECORD” “ONE OF THE WORST IN THE COUNTRY”; Cite: “Sum & McLaughlin, Op-Ed, 7/29/07”

VO: “First in debt. Forty-seventh in job creation. That’s Romney economics.”

Visual: Go up to top of graph; graphic: “MASSACHUSETTS 1ST IN DEBT”

Go down to bottom of graph; graphic: “MASSACHUSETTS 47TH IN JOB CREATION”; Fade up: Get the Facts at

RomneyEconomics.com

VO: “It didn’t work then. It won’t work now.”

Visual: Pull wide on graph; it fills the screen left-to-right; keep website URL on screen; fade up: “It didn’t work then. It won’t work now.”