On the campaign trail, President Obama continued a swing through battleground states Thursday with a stop in Florida. Speaking to supporters in Orlando, Obama said Republicans’ backing of tax cuts favoring the wealthy is “trickle down fairy dust.”

President Obama: “Look, Orlando, we know better. They have tried to sell us this trickle-down tax-cut fairy dust before. And guess what? It didn’t work then. It will not work now. It’s not a plan to create jobs. It is not a plan to reduce the deficit. It is not a plan to build our middle class. It is not a plan to move our economy forward. It takes us backwards to a place we don’t need to be.”