President Obama was back on the campaign trail Tuesday where he attended six fundraisers in Baltimore and Philadelphia. He told supporters the Mitt Romney has "drawn the the wrong lessons" from personal success he achieved as the head of a large financial firm.
"So when I hear Governor Romney say his 25 years in the private sector gives him a special understanding of how the economy works, my question is why are you running with the same bad ideas that brought our economy to the brink of disaster?," the President said. "Either he believes that it will lead to a different result this time -- although there’s no evidence of that -- or he’s hoping you won’t remember just what happened the last time we tried those bad ideas. And we’re here to say we remember, and we’re not going back there. We’re moving this country forward."
The President also questioned critics who have said his economic policies caused the current federal deficit. "If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is, is that they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn’t pay for, and the war. So all this stuff is baked in -- with all the interest payments for it," he said. It's like somebody goes to a restaurant, orders a big steak dinner, martini all that stuff, and then just as you're sitting down -- they leave -- and accuse you of running up the tab."
The President began the day in Maryland where he attended three fundraisers. His first campaign stop of the day was at the home of Owings Mills, Maryland developer Josh Fidler and his wife, Genine, who hosted a lunch for the President, which cost guests up to $50,000.
He then spoke at the Hyatt Regency Hotel in Baltimore where he was introduced by Democratic Maryland Governor Martin O’Malley. Tickets to the event cost $250 and up to $10,000 for a VIP photo reception with the President.
The President later traveled to Philadelphia for three more campaign fundraisers at the Franklin Institute, a public event with about 500 people with ticket prices starting at $250, a private roundtable with 25 people and a private dinner with 75 people.
According to the latest fundraising reports, the Obama campaign raised $60 million compared with $76.8 million from the Romney campaign.
Tuesday morning, the Obama campaign released a new television ad, “Number One” that highlights "Mitt Romney's economic record as Governor of Massachusetts."