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And we know that their ideas don't work. we know it. and the reason we know it is we just tried it a few years ago. after bill clinton was out of office, they tried their ideas. we tried giving big tax cuts to the wealthiest americans. we tried giving insurance companies and wall street a free rein to do whatever they play. what we got is falling incomes, record deficits, slowest job growth in 50 years and an economic crisis that we're still cleaning our way out of. so -- so we know what works and we know what doesn't. and governor romney now is a very talented salesman. so in this campaign, h...

Get? we got falling incomes, record deficits, the slowest job growth in after a century and we ended up with a economic crisis that we've been cleaning up after ever since. [cheers and applause] >> so we tried our ideas, they worked. we tried their ideas, didn't work. now, governor romney, he's a very gifted salesman, so he's been trying in this campaign as hard as he can to repackage these ideas that didn't work, the very same policies that did not work, and he's trying to pretend that they are changed. have you heard him? he's going around saying, i'm the candidate of change, accept when you...

Cuts they didn't need, and that we couldn't afford. companies enjoyed tax breaks for shipping jobs overseas, insurance companies, oil companies, wall street given free license do what they pleased. folks, at the top got to play by a different set of rules than the rest of us. and result of this top-down economics was falling incomes, record deficits, smallest job growth in a half century and economic crisis that we've been cleaning up for the last four years. now, in the closing weeks of this campaign, governor romney has been using all his talents as a salesman to dress up these very same pol...

Their case against a 17-year-old suspect accused of murdering a 10-year-old girl. all because of a new law. and bob beckel and ed rollins join us in the race for the white house. >> over the last four years, we have made real progress digging our way of policies they gave us two prolonged wars, record deficits, and the worst economic crisis since the great depression. >> and needs 20 million people out of work, struggling for a good job. i will get people back to work with 12 million new jobs testing mylood sugar... is this part of your life? freestyle lite test strips? why, are they any... be...

The way i don't like to have the federal government start pushing its way deeper and deeper into our schools. let the states and locates do that. i was a governor. the federal government didn't hire our teachers i love teachers but i want to get our private sector growing and i think i know how to do it. >> i think we all love teachers. governor, thank you so much for a very vigorous debate. we have come to the end. it is time for closing statements. i believe you're first, mr. president. >> well, thank you very much, bob, governor romney, and to lynn university. you have now heard three debat...