Rick Perry released his first negative television ad of the campaign cycle today  with a TV spot that criticized  President Obama, likening his policies to socialism.

Titled “Lazy,” the television ad, which is airing in Iowa and New Hampshire, takes off from Obama’s statement that “We’ve been a little bit lazy, I think, over the last couple of decades.”

“Can you believe that? That’s what our president thinks is wrong with America? That Americans are lazy?” Perry says in the ad. “That’s pathetic. It’s time to clean house in Washington.”

“Obama’s socialist policies are bankrupting America. We must stop him now,” Perry says later on in the ad.

Perry has incorporated a reprimand to Obama’s statement in his stump speeches this week as lays out his government reform plan to “uproot and overhaul” the three branches of government, which would include a part-time citizen Congress that would suffer a pay cut until a balanced budget amendment is passed.

“It’s time for a Balanced Budget Amendment that forces Washington to stop overspending,” Perry says in the ad. “If Congress balks, cut their pay and send them home.”

This is the fourth television ad the Perry campaign has released in this election cycle.