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His speech reminds me of Reagan’s famous words “Are you better off today than you were four years ago?”. Obama does not have a track record to focus his campaign on. That explains his strategy.
(some cheap ad for my blog: http://swissecon.wordpress.com/2012/08/29/good-morning/)
His speech was full of half-truths and convenient omissions. He voted for all the free spending stuff under Bush 2. Obama had nothing to do with the closing of that GM plant. It closed in Dec 2008. He’s now against all the things he voted for. The words liar and hypocrite come to mind.