American Crossroads: “Public Equity”
In an ad titled “Public Equity,” American Crossroads counters President Obama’s criticism of Mitt Romney’s business record by claiming the Obama administration’s “failed investment strategies” are to blame for lost jobs and wasted tax dollars. Crossroads starts by maligning Obama’s auto bailout, which is widely credited for saving the automotive industry; in fact, the industry has gained over 100,000 jobs under the Obama administration. The ad goes on to attack the government’s investment in Solyndra while obscuring the facts about Department of Energy’s loan guarantee program, using clips of a factually flawed news report to overstate the riskiness of the government’s investments.
Read more after the jump.