Look, it's not that the ad isn't funny:
But the Obama campaign should just let the internet handle the Big Bird jokes. The meme was doing just fine on its own, and the campaign shouldn't be getting involved with something like this. The Romney campaign is now thinking about having Mitt give a series of policy speeches about different topics—the deficit, jobs, taxes—so he seems more substantive. Maybe the Obama campaign should be doing that, too?
UPDATE: And now Sesame Street is calling for the Obama campaign to take down the Big Bird ad. This is another reason why campaigns should leave the comedy to the amateurs.