By Justin Sink - 11/01/12 01:57 PM EDT
Obama made the comment during an appearance Monday on MSNBC, saying he wanted to create a "one-stop shop" for business oversight if he wins reelection.
The commercial released by the Romney campaign openly mocks that idea, suggesting the solution for improving the economy is not more government.
"Barack Obama recently said he might appoint a secretary of Business," a narrator says. "His solution to everything is to add another bureaucrat."
The commercial goes on to tout Romney's business experience.
"Mitt Romney understands business and knows what it will take to create jobs and get our economy moving again," the narrator says. "He’s done it before. He’ll do it again."
The Romney team did not release information about where the commercial would air, nor the amount of money the campaign would spend on the ad buy.