Watch the ad here:
The ad starts with Romney speaking at the Republican National Convention.
"This president cannot tell us that you're better off today than when he took office," the ad states.
This is opinion, cannot be tested and obviously varies from person to person.
"Excessive government regulations are crushing job creation," the ad states.
9NEWS is labeling this statement as debatable. Regulations do not necessarily crush job creation. In fact, it is hard to say the rules President Obama signed into law are excessive. As for the idea that red tape keeps jobs from being created, two major national-policy institutes disagree with each other on that idea. One claims delays and higher costs keep people from working while the other says over-regulation does not lead to significant unemployment.
"Thousands of jobs lost," the ad claims.
That statement is true. It does not, however, say how many thousands of jobs were lost. 9NEWS asked the Romney campaign. They say Colorado lost 11,400 jobs since Obama took office in January 2009. In January 2010 - the low point for Colorado's job creation - until July 2012, Colorado has added 85,700 jobs.
"The Romney plan? Repeal Obama's excessive regulations, foster innovation," the ad says.
9NEWS is also labeling this statement as debatable.
The only thing this claim fosters is a lot of debate. The actual number of President Obama's regulations is not excessive when you compare it to other presidents. He's actually written nearly 5 percent fewer rules into law than President George W. Bush did at a similar time. However, the number of federal regulations costing $100 million or more has gone up under President Obama since President George W. Bush.
"...and create over 200,000 new jobs for Colorado," the ad states.
The ad does not refer to a plan to create these jobs or describe exactly what kind of jobs they would be. To see if this is true, check back in 2016 if Romney is elected. Romney said at the Republican National Convention that he has a plan to create 12 million jobs across the U.S. by 2016. If you divide 12 million by all 50 states, it is likely Colorado would receive at least 200,000 new jobs.
At least two major financial analysts are on record saying 12 million jobs would be created during the next four years no matter who is president.
TRUTH TEST: President Barack Obama advertisement uses AARP facts as opinions
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