Expect to hear a lot about the “Middle Class Squeeze” under President Obama from Mitt Romney this week.

Step one, this infographic:

The ad reminds voters that Obama “measured success” by the number of new jobs created under President Clinton, and the boom in the average American’s income from 1992 to 2000… unfortunately, the country has yet to add net jobs during Obama’s term, and the median household income has shrunk by $4,300. (The income figure comes from this Bloomberg article.)

I wonder if the Obama campaign’s strategy on these fairly key economic indicators is just to ignore them, and insist that the economy is in full rebound. A few moments ago, Estuardo Rodriguez, a Democratic consultant, was on CNN and said (if I heard him correctly), “The president has an amazing record to run on… The United States is doing incredibly well right now.”