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Pres. Obama Speaks To Crowd In Seminole, Fla.

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CHARLOTTE, NC - SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

CHARLOTTE, NC – SEPTEMBER 06: Democratic presidential candidate, U.S. President Barack Obama speaks on stage as he accepts the nomination for president during the final day of the Democratic National Convention at Time Warner Cable Arena on September 6, 2012 in Charlotte, North Carolina. The DNC, which concludes today, nominated U.S. President Barack Obama as the Democratic presidential candidate. (Photo by Alex Wong/Getty Images)

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campaign 2012 new2 Pres. Obama Speaks To Crowd In Seminole, Fla.

SEMINOLE (CBSMiami) — At a Seminole, Fla. rally on Saturday, President Barack Obama said Republicans are “dead wrong” in calling America a country in decline.

The president said the nation is still an engine of ingenuity and the envy of the world.

Republican vice presidential candidate Paul Ryan recently spoke of the country’s decline in noting that the national debt surpassed $16 trillion.

Obama, coming off his Democratic convention days ago, told the crowd that America’s “basic bargain” is at stake in the election — the promise that “if you work hard it will pay off.”

He pledged to make education more affordable, reduce dependence on foreign oil and slash deficits “without sticking it to the middle class.”

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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