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Obama: Romney showed 'at least stage 3 Romnesia' during last debate

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Romney, who has had the momentum in the presidential race ever since a disastrous performance by Obama in the first debate, on Oct. 3, took his shots at the president on Monday night, too. But he pulled some punches — notably on Libya — and was often willing to shake off Obama’s blows as his campaign makes the case the Republican is a viable alternative to Obama.

Romney has led in Gallup’s tracking polls by as much as 7 points in the last week and has also gained ground on Obama in a number of swing states. But Obama is still seen as having an edge in Ohio, a key battleground that could decide the election.

On a conference call with reporters on Tuesday morning, David Axelrod, an Obama campaign senior strategist, pushed back on polls that show the campaign is losing nationally, saying "We have the ball. We have the lead."

"This is a race we believe we're leading," he said. "We believe we're leading nationally and we're leading in these battleground states."

Later, he added, "there is an illusion of volatility when you have 90 public polls coming out every day."

"The fact of the matter is that this race has been remarkably stable over a long period of time," Axelrod said. "This race has settled into exactly where we thought it would be ... it's the race that we prepared for."

Axelrod and Obama campaign manager Jim Messina also pushed back on reports saying the Obama campaign has given up in battleground states like North Carolina. "We continue to feel like North Carolina is a neck-and-neck race."

The Obama campaign has at times put an emphasis on portraying Romney as too conservative for the nation, but on Tuesday the president focused on hammering home the idea that Romney changes his positions to appeal to different demographic groups.

“We’ve come up with a name for this condition,” Obama told the cheering crowd at Delray Beach. “It’s called Romnesia. We had a severe outbreak last night. It was at least stage 3 Romnesia.”

For more on Obama's remarks, click here.