Two new Obama ads hit "Romney Economics" In two new ads, President Obama's campaign attacks Mitt Romney's record as governor of Massachusetts. Together, the ads suggest that from 2002 to 2007, when he led the Bay State, Romney favored the wealthy over the middle class and did not keep his campaign promises. The tag­line for both: "Romney Economics: It didn't work then and it won't work now." "Mosaic" focuses on fees Romney raised to balance the budget while technically keeping his pledge to not increase taxes. The ad claims Romney "cut taxes for millionaires like himself" while unleashing "1,000 fee hikes" on things like health-care, milk and school bus rides. FactCheck.org has noted that none of these fees directly targeted the middle-class. Romney signed a repeal of a retroactive capital gains tax hike and sent out tax rebates - not quite the same as cutting taxes for millionaires, especially considering the repeal was passed by a Democratic legislature. "Come and Go" accuses Romney of "outsourcing state jobs to India." Romney did not directly ship jobs to India. He vetoed a bill that would have barred the state from contracting with companies that outsourced state work, and one of those contractors used call-center workers in India. The ads are airing in New Hampshire, Pennsylvania, Virginia, North Carolina, Florida, Ohio, Iowa, Colorado, and Nevada as part of a $10 million campaign ad buy.