The Republican National Committee (RNC) has announced a new web video that highlights what it calls President Obama's "failed economic policies."

The ad attacks the Obama administration's record on economic policies. Entitled "Deficit of Hope," the video seeks to highlight what the Republican National Committee believes to be a void between the nation's financial realities verses the media's spin that comes from the Oval Office.

Damon Dunn, GOP candidate for California secretary of state and former NFL player, thinks the party needed to produce a video which more accurately portrays the impact Obama's policies are having on average Americans...