Republican presidential candidate Mitt Romney is airing his first TV ad in New Hampshire.

The minute-long ad, which will be released Tuesday, criticizes President Barack Obama’s handling of the economy.

It prominently features grainy footage of Obama as a candidate in New Hampshire in 2008, pledging to turn around the economy.

“I’m here to tell you, I am confident that we can steer ourselves out of this crisis,” Obama says in footage from a visit to Londonderry on Oct. 16, 2008.

Text in the ad then notes that unemployment has been above 8 percent since February of 2009, quoting liberal economist Robert Reich, the secretary of labor under President Bill Clinton, as calling it the “worst economic calamity” since the Great Depression.

Romney then calls for a “smaller, simpler, smarter approach to government,” saying he will turn federal programs back to the states, end the health care program enacted in 2010 and make government more efficient.

“I’ll make sure that America is a job-creating machine like it has been in the past,” Romney says in the ad.

The ad is paid for by Romney’s campaign.

Watch the ad: