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Obama and Romney duel in Ohio

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On Thursday, he said the election is an opportunity for voters to step in and “break the stalemate.”

In essence, Obama said Romney would gut government and cut taxes for the rich at the expense of everyone else. Romney said Obama is crushing the free market with regulation.

Obama said, “If you believe this economy grows best when everybody gets a fair shot and everybody does their fair share and everybody plays by the same set of rules, then I ask you to stand with me for a second term as president.”

He made a concerted push for independent and undecided voters by pledging anew to work with anyone “who believes that we’re in this together.”

Despite what had seemed to be a speech showdown, the two events were not of the same scope.

Obama spoke for more than 50 minutes, more than doubling Romney’s comments, in what his campaign called the first in a series of major economic speeches. The settings offered different optics as well; Romney went coatless with his sleeves rolled up before about 100 people; Obama gave a formal address to 1,500 people.

Romney’s reference to Obama’s statement about the private sector “doing fine” recalled what was largely seen as a presidential gaffe last week. Even though Obama’s aides said he was taken out of context, Obama conceded his misstep Thursday, joking “It wasn’t the first time. It won’t be the last.”

The president also appealed for more time to let his ideas work. Citing the monster American recession, he said most countries in the past have needed 10 years to recover.

The economic focus came at a grim time in the American economic recovery. The country produced just 69,000 jobs last month. And Europe’s financial crisis is eroding confidence around the globe. Politically, both Romney and Obama used Europe as a foil.

For Obama, it was to say while the economies of many European nations aren’t growing, America’s is because “we acted fast.”

Romney said Obama had amassed crippling debt. “You want four more years of that?” he said. “You call that forward? That’s forward over a cliff. That’s forward on the way to Greece.”

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