The Debate on the American Economy - "Our Time"

The Romney camp continues to hit Obama on the economy. Romney's latest web ad calls for new leadership, citing Presiden Obama's inability to spark a recovery after three years.

The numbers that the ad uses paint a gloomy picture. 23.3 million Americans are out of work, underemployed, or no longer looking for work. We have seen 40 straight months of unemployment over 8%. Median household income is down nearly $4,000. The ad shifts from ominous to uplifting, with Mitt Romney telling an audience, "this is our time."

This ad is the latest from Romney that neglects to outline his policies for growing the economy. He is running a very cautious campaign, one that argues for the necessity of his leadership based on the failure of Obama's. Romney has yet to explain logically how exactly his policies would help Americans meet the challenges of a 21st Century Economy.