BY OLYMPIA MEOLA

President Barack Obama’s campaign has released another TV ad in Virginia hammering Republican presidential nominee Mitt Romney’s record as governor of Massachusetts.

“Number One” says that when Romney was governor, Massachusetts ranked number one in state debt per capita, and that it fell to 47th in job creation.

“First in debt. Forty-seventh in job creation. That’s Romney economics,” the ad’s narrator says.

The 30-second spot, which will also air in Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio and Pennsylvania, comes about a week after the Obama campaign released another ad in Virginia and other key states called “Heard it Before,” which also criticized Romney’s gubernatorial record.

“President Obama has overseen trillion-dollar deficits, soaring national debt and the first credit downgrade in history,” said Curt Cashour, Virginia communications director for the Romney campaign.

“Mitt Romney, on the other hand, closed a $3 billion budget shortfall, balanced four budgets, left a $2 billion rainy day fund and received a credit rating upgrade. President Obama will do anything to distract from his abysmal economic record and – despite that record – the fact that he thinks the private sector is ‘doing fine.’”