1 of 3. U.S. President Barack Obama salutes as he arrives for the Air Force Academy commencement ceremony in Colorado Springs, Colorado May 23, 2012.
Credit: Reuters/Kevin Lamarque
By Laura MacInnis
COLORADO SPRINGS, Colo. | Wed May 23, 2012 8:48pm EDT
COLORADO SPRINGS, Colo. (Reuters) - U.S. President Barack Obama on Wednesday staunchly defended his foreign policy record against Republican election-year criticism that he has overseen a decline in American power in the world.
Addressing graduating cadets of the Air Force Academy, Obama touted his decisions on pulling U.S. forces out of Iraq, winding down the unpopular war in Afghanistan, and the raid that killed Osama bin Laden - a record aides hope will help counter voter discontent about a fragile economy and high unemployment.
"For a decade, we have labored under the dark cloud of war. Now, we can see the light of a new day on the horizon. The end of these wars will shape your service and it will make our military stronger," he said in Colorado Springs.
Mitt Romney, Obama's presumptive Republican challenger in the November 6 election, has accused the Democratic president of weakening America on the world stage.
Romney has chided Obama for setting a timeline for leaving Afghanistan and has called the Iraq withdrawal last year a premature move. The Iraq pullout followed a timetable put in place by Obama's Republican predecessor, George W. Bush.
Obama, in a weekend NATO summit in Chicago, acknowledged there were risks in withdrawing U.S. and allied forces from Afghanistan by the end of 2014. But at the Air Force Academy he pushed back hard against Romney's charge that America had lost ground under his leadership.
"Let's start by putting aside the tired notion that says our influence has waned, that America is in decline. We've heard that talk before," he said, declaring that his policies were seeding the way to a new "American Century."
FUNDRAISING RACE
Obama was speaking at the start of a three-state political tour mainly geared to raising funds for his 2012 re-election campaign.
The main focus of his two-day cross-country excursion - to Colorado, California and Iowa - was campaigning, with three fundraisers due to raise at least $3 million on Wednesday and his third big campaign rally of the 2012 season on Thursday.
At his first stop in Denver, Obama kept up criticism of Romney's record as a job-cutting business executive, which the president and his re-election campaign have made a prime target.
"I think he has learned the wrong lessons," he said, pressing a populist attack on what he called Romney's bad ideas for the U.S. economy. "His working assumption is if CEOs and wealthy investors like him get rich, the rest of us automatically will too."
Obama, whose re-election in November hinges heavily on what happens with the fragile economy and high unemployment, accused Republicans of "bamboozling folks into thinking that they are the responsible, fiscally disciplined party."
Seeking to counter Republican charges of wasteful spending, Obama - speaking to a crowd of about 700 in a hotel ballroom - insisted that the rate of spending has grown less under Democratic administrations than under Republican ones.
Polls show Obama and Romney, a former Massachusetts governor and private equity executive, locked in a close race, and the president often comes in lower in the public's assessment of economic management skills.
Colorado is one of the pivotal swing states that Obama needs to win and one where he could face tough competition from Romney.
It has traditionally voted Republican but Obama won it in 2008 and is fighting to hold it with appeals to young professionals and a growing Hispanic population.
From Denver, Obama headed to California to join an exclusive dinner at a home in Atherton, near the tech hub Palo Alto, headlined by rock musicians David Crosby and Graham Nash. Then he is due to attend a reception for 1,100 people at a theater in nearby Redwood City featuring singer Ben Harper.
On Thursday, he holds a fourth fundraiser and then returns to Washington via Iowa, another battleground state, where he will speak about the clean energy sector at a wind turbine blade manufacturer, then hold a campaign event at the state fairgrounds in Des Moines.
About 2 million people have donated to Obama's re-election campaign, and he is expected to match or exceed the $750 million he raised in the 2008 election cycle.
According to the most recent campaign finance and political action committee reports, Obama has raised $169 million and Romney has raised $99 million.
(Writing by Alister Bull and Matt Spetalnick; editing by Jim Loney and Mohammad Zargham)
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