Friday I posted a detailed outline of the economic campaign speech President Obama gave in Cleveland. Today I’ll explain five things he did in the speech. One speech isn’t that important, but I’ll be watching over the next five months to see which of these develop into campaign themes.

1. President Obama blames Republican theory for the financial crisis, recession, and slow recovery and links Governor Romney’s policies to that “failed experiment.”

In the past President Obama has harped on the problems he “inherited” and blamed President Bush for the financial crisis, ensuing recession, and even the slow recovery. Similarly, the Obama campaign is attacking Governor Romney’s experience and record, both at Bain and as Governor.

In this speech he instead attacks “Republican theories” and “the failed experiment” of the previous decade. He links Governor Romney to those policies and