This spot has a "closing argument" feel to it, even though it's not even October yet.  In it, he makes four "new" promises, all of which we've heard before:

(1) His "plan" is to magically create a million manufacturing jobs.  Never mind the fact that the manufacturing sector has shed well over half a million jobs during his tenure, including 15,000 last month alone.  Focus on the words. 

(2) He pledges increased energy independence

(3) He calls for new "investments" to help build our economy.

(4) He says he'll reduce the deficit through a "balanced" approach.  Never mind that he'sshattered his first-term promise to halve the deficit by now, and that his claimed war "savings" have been pummeled by fact-checkers as a thoroughly unserious gimmick.