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President Obama strikes at Mitt Romney on jobs

Steel mill ad shows strategy for fighting back on economy

The Obama campaign Monday unleashed its first ad attacking Mitt Romney’s record as Bain Capital executive. The two-minute ad -- to begin running in the key battleground states of Iowa, Ohio, Pennsylvania, Colorado, and Virginia -- is coupled with a six-minute video featuring the story of GST Steel, a 105-year-old steel mill in Kansas City, Missouri that Bain purchased in 1993, saddled with debt, and shuttered eight years later after Romney and his partners reaped handsome profits.

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