Entrepreneurs to Obama: 'We Did Build This'

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With less than 100 days left before the presidential election, Republican presidential candidate Mitt Romney's supporters have launched a pro-business tour called, "We Did Built This."

Their ongoing tour is taking place in 12 states -- Wisconsin, Pennsylvania, North Carolina, Iowa, Ohio, Michigan, Virginia, Florida, Colorado, Nevada, Missouri, and New Mexico.

Romney's former rival Newt Gingrich has also joined the campaign.

"It is the growth of small business which has made America great," Gingrich said. "And it's Obama's failure to understand that, which explains why his economic policies are such a disaster."

"We Did Build This" is intended to be a direct slam against President Obama, who recently told American business owners that "someone else" made their businesses succeed.

But in a new campaign ad, the president said his critics have taken his words out of context.

"Those ads, taking my words about small business out of context, they're flat out wrong," Obama says in the ad. "Of course Americans build their own businesses."

But Romney spokesman Ryan Williams charged that "Obama puts his faith in government," while Romney puts "his faith" in the "entrepreneurs and innovators."

Meanwhile, the Romney campaign has released a new ad featuring business owners who are upset over the president's remarks.

"He was trying to say, 'Hey you didn't build that business on your own. The government helped you build it," one irate business owner says in the ad. "And that's what ticked me off more than anything."

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