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Obama, Romney trade jabs in final presidential debate

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“You mentioned the Navy, for example, and that we have fewer ships than we did in 1916. Well, Governor, we also have fewer horses and bayonets … because the nature of our military’s changed,” the president taunted. “We have these things called aircraft carriers where planes land on them. We have these ships that go underwater, nuclear submarines.”

The two candidates pivoted from foreign to domestic issues.

Romney said America’s role is to “make the world more peaceful,” and that to do so, “America must be strong. America must lead.”

“For that to happen, we have to strengthen our economy here at home. You can’t have 23 million people struggling to get a job. You can’t have an economy that over the last three years keeps slowing down its growth rate,” he said.

Obama answered that because he presided over an end to the war in Iraq, has begun a transition out of Afghanistan, and strengthened alliances with partners abroad, the nation is in a position to “start rebuilding America.”

Romney’s approach was the wrong one both home and abroad, Obama added, tying him to the previous administration by promoting “wrong and reckless policies.”

“He’s praised George Bush as a good economic steward and Dick Cheney as somebody who shows great wisdom and judgment. And taking us back to those kinds of strategies that got us into this mess are not the way that we are going to maintain leadership in the 21st century,” Obama said.

The combative exchange underscored the high stakes in a debate coming just two weeks before an election that appears to be a dead heat.

Obama, who has seen his earlier lead slip since a lethargic opening debate in Denver, was more clearly on the offensive and seeking to build on the inherent advantage as the commander in chief.

Romney responded by brushing aside the attacks, saying they failed to address the serious challenges — and opportunities — the country faces as the Middle East convulses in widespread upheaval.

Romney, consistent with the earlier debates, took a more moderate stance than he has in much of the campaign.

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