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[ cheers and applause ] >> he is on track to put almost as much debt in place as all the prior presidents combined. it's just unthinkable. and then of course there's the economy. remember we said if we let him borrow $787 billion, almost $1 trillion, that he would hold unemployment below 8%. it has not been below 8% since. and 25 million people are out of work, or stopped looking for work, or seriously underemployed. and by the way, that's not just a statistic. if you have been unemployed for some period of time, you know that being unemployed is a traumatic experience. and i had the opportuni...

>> that's right. one of the big questions in this day before the iowa caucuses is whether the man in the sweater vest can make mitt romney sweat. rick santorum is in the enviable position of being the final surging non-romney conservative to do well. before these iowa caucuses so we are chasing him from stop to stop to stop today. he is chasing the undecided caucus goers. and you get the sense looking at the poll that came out over the weekend that showed rick santorum in third place. if you look at the last two days that that poll was taken, he is surging into second place into a st...

iowa. that happened earlier today. both focused on their attacks on president obama. >> remember when he said if we let him borrow $787 billion, almost a trillion dollars, that he would hold unemployment below 8%. >> the obama cookbook is the exact opposite. higher taxes, more regulations, anti-american energy and class warfare to attack the people who create jobs. it's as though the obama cookbook says to get a hard egg you put it in the freezer. it's true if you put it there long enough it will get hard. it's not exactly what you thought you ordered at the restaurant. california ...

And you blame bush. but now he has taken a tact i have never seen a politician take. he is blaming the american people for getting lazy and soft. have you taken very strong issue with it? >> i think he's making an enormous mistake. the blaming other people works in very narrow setting. but it certainly doesn't work when you are the president of the united states. it is not following the harry truman the buck stops here model. people of america will not forget that president obama had two years with the democrat house and senate, super majority in each chamber. he had his way with a whole serie...

And you blame bush. but now he has taken a tact i have never seen a politician take. he is blaming the american people for getting lazy and soft. have you taken very strong issue with it? >> i think he's making an enormous mistake. the blaming other people works in very narrow setting. but it certainly doesn't work when you are the president of the united states. it is not following the harry truman the buck stops here model. people of america will not forget that president obama had two years with the democrat house and senate, super majority in each chamber. he had his way with a whole serie...