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[Sound, Music] Romney: I spent my life in the private sector.  I've competed with companies around the world.  I've learned something about how it is that economies grow.

But we're not going to balance the budget just by pretending that all they have to do is take out the waste.  We're going to have to cut spending.  And I'm in favor of cutting spending, capping federal spending as a percentage of GDP at 20 percent or less, and having a balanced budget amendment.

The right answer for America is to stop the growth of the federal government and to start the growth of the private sector.

I’m Mitt Romney and I approve this message.

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Notes: The ad is very similar to the NH version, alternating black and white still photos with a clip (or clips) of Romney speaking during the Sept. 12, 2011 CNN debate.  The one difference is a number of Iowa stills including from the recent endorsement by Sen. Thune of neighboring South Dakota and from the State Fair back in August.

IDP Chair Sue Dvorsky Responds To New Mitt Romney Ad, Amplified Iowa Efforts
Mitt Romney Goes All In for Iowa, Not Middle Class

Des Moines – Today Iowa Democratic Party Chair Sue Dvorsky held a press call to respond to the latest ad from Mitt Romney running in Iowa and his campaign’s increased efforts in the state.  Below are Dvorsky's remarks as prepared for delivery:

After spending most of the cycle in the “Mittness protection program” and coming to Iowa only four times this year, it’s clear that Romney is now counting on a win in Iowa.

He has opened an office, sent in new staff, and today he unveiled his first TV ad in Iowa.  Earlier this week his campaign raised expectations, announcing that they are counting on a win in the state.
Romney has tried to run an under the radar campaign in here, attempting to avoid the tough scrutiny that Iowa voters expect, but now that it’s clear he is going all in, Romney will have to answer tough questions about his record and his rhetoric.
And that’s going to begin with his latest ad.

In it, Romney argues that we can cut our way to prosperity, but what it doesn’t say is that he is asking the middle class to carry burden while he refuses to ask millionaires, billionaires and corporations to do their fair share.

The plans outlined in this ad are in lockstep with Congressional Republicans and the tea party who continue to push to restore the same failed economic policies that let Wall Street write their own rules and led to job losses and middle class insecurity.

It’s odd that Mitt Romney seems to be willing to cut everything except taxes for middle class families.

Not only does Mitt Romney oppose the efforts of  President Obama and congressional Democrats to extend and expand the payroll tax cuts, he’s called them nothing more than “little Band-Aids.”

Just last night the Des Moines Register reported that the payroll tax cut would put $1.8 billion back into the pockets of 1.8 million working Iowans.   That’s some “little Band-Aid.”

While Mitt Romney is willing to raise taxes on the middle class, his economic proposals are focused on protecting tax breaks for millionaires and billionaires while slashing programs like Social Security and Medicare.  

Mitt Romney thinks he can win in Iowa by buying TV ads, but he’s not willing to answer questions from the press or from Iowans.  In fact we’re still waiting for answers on the questions asked in the video released earlier this week.

It’s clear that Mitt Romney is in it to win it now in Iowa, but if Mitt Romney wins, the middle class will lose.

Copyright © 2011 Eric M. Appleman/Democracy in Action.