By Associated Press - Sunday, June 10, 2012

WASHINGTON (AP) — Presumptive Republican presidential nominee Mitt Romney has released a Web video hammering President Obama for his assertion Friday that “the economy is doing fine.”

The Romney campaign paid for the 54-second spot, which opens with the president at a White House press conference.

The ad shows eight people talking about their experiences: staff cuts, job loss, personal bankruptcy, a two-year job hunt, no health care and a slashed pension, and other concerns. The ad closes, “No, Mr. President, we are not doing fine.”

Mr. Romney is using Mr. Obama’s remark to cast the president as out of touch with the average American, a criticism the president’s campaign has tried against Mr. Romney.

The economy, with its stubborn 8.2 percent unemployment rate, is the biggest issue for voters and a weak spot for Mr. Obama.

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