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PALM BEACH, Fla. – With Election Day approaching next month and the second debate between Mitt Romney and Barack Obama slated for Tuesday night, radio host Rush Limbaugh believes the president’s campaign has completely run out of good ideas for re-election.

“I think the Obama campaign is done,” Limbaugh said this afternoon. “I think they’ve shot their wad. I don’t think they’ve got an October surprise.”

Limbaugh says Obama’s campaigners are now “recycling stuff.”

“That’s what this … attempt to tie Romney to Bain [Capital] is about. That’s what Big Bird’s about. They don’t have anything else,” he said. “I think it’s so much worse for the Obama campaign than anybody’s willing to admit anywhere.”

Limbaugh said he didn’t wish to sound overconfident, but, “I think Obama’s a has-been. If Obama hasn’t gotten [voters] by now, there’s nothing he can do. People are running away from Obama.”

He noted that supporters of Obama are hoping the president uses the debate in New York to focus on Romney’s remarks about 47 percent of Americans who don’t pay income tax.

The former Massachusetts governor had told wealthy donors in May he thinks 47 percent of Americans believe they are victims and entitled to government help.

“This 47 percent is like a lifeline,” Limbaugh said. “It’s almost like if you’re a Cowboys fan, you want the second-string quarterback in after yesterday. Or any team that had great expectations and high hopes and the starting quarterback just isn’t pulling it off. Get the second-stringer in there. It really indicates how little the regime has in their campaign arsenal if that represents so much.

“One throwaway comment by Romney in May to a bunch of donors. To me, that tells me they’re starting to recycle things now. Bain was one of the first things out of the campaign’s mouth months ago when they were trying to tie Bain and Romney and Wall Street, and that’s why they created Occupy Wall Street. This Bain linkage is months old, and they’re just now going back to it because they don’t have anything else. They’ve fired their big guns.

“And then Benghazi happened, and they don’t have an answer. You talk about a candidate not having an answer for something. How about a dead ambassador, three Americans, and blaming it on a video and then trying to slough it off on Mrs. Clinton and blaming it on the intel community?”

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