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President Obama gives his first reaction to last night's debate at a rally held a few minutes ago in Sloan's Lake Park in Denver, Colorado:

Full transcript below the fold.

Complete remarks can be found here.

When I got on the stage, I met this very spirited fellow who claimed to be Mitt Romney.

But it couldn't have been Mitt Romney, because the real Mitt Romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. The fellow on stage last night said he didn't know anything about that.

The real Mitt Romney said we don't need any more teachers in our classrooms, but
the fellow on stage last night, he loves teachers, can't get enough of them.

The Mitt Romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries, but the guy on stage last night said he doesn't even know that there were such laws that encourage outsourcing. He's never heard of them!

Never heard of tax breaks for companies that shift jobs overseas? He said that if it's true he must need a new accountant.

Now, we know for sure it was not the real Mitt Romney because he seems to be doing just fine with his current accountant.

So, you see, the man on stage last night does not want to be held accountable for the real Mitt Romney's decisions and what he's been saying for the last year. And that's because he knows full well that we don't want what he's been selling for the last year.

So Governor Romney may dance around his positions, but if you want to be president you owe the American people the truth.

So here's the truth: Governor Romney cannot cannot pay for his $5 trillion tax plan his tax plan without blowing up the deficit or sticking it to the middle class. That's the math.

We can't afford to go down that road again. We can't afford another round of budget busting tax cuts for the wealthy. We can't afford to gut our investments in education or clean energy or research and technology.

We can't afford to roll back regulations on Wall Street, or oil companies, or insurance companies. We cannot afford to double down on the same top down economic policies that got us into this mess. That is not a plan to create jobs. That is not a plan to grow the economy. That is not a plan to create change. That is a relapse. We don't want to go back there. We've tried it. It didn't work and we are not going back. We are going forward.

Originally posted to The Jed Report on Thu Oct 04, 2012 at 10:02 AM PDT.

Also republished by Daily Kos.

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