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    Obama Campaign Releases New Web Ad Defending The President's Job Record

    Brushes off Republican attacks on slow job growth.

    View this video on YouTube

    UPDATE: It's a web ad, and will not air on TV the campaign says.

    From the release:

    After taking office, President Obama signed the Recovery Act to help get our economy back on track. As a result:

    -The U.S. has seen 22 consecutive months of private-sector job growth.

    -The private sector added more than 3.1 million jobs over those 22 months,.

    -Manufacturing added 334,000 jobs in the last two years, the first time since 1997 that manufacturing employment rose.

    -The President passed legislation to create jobs and supporting working Americans, including:

    -A payroll tax cut for all working families, providing the average working family with a $1,000 tax cut in 2011.

    -Expansion of small business loan programs to help small business access credit and create jobs.

    -Initiatives to help veterans transition to post-service careers.

    -Tax incentives for businesses that hire unemployed veterans.

    The President's decision to provide emergency loans to the auto industry:

    -Saved more than 1.4 million American jobs.

    -Prevented personal income losses over two years of more than $96 billion.

    -Helped make the big three (Chrysler, GM, and Ford) all profitable for the first time in years.

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