Video: Romney: US ?not headed in the right direction?

>>> there was of course much more to our conversation with governor romney, including talk about the economy, his plan to fix what ails the united states is, after all, the crux and motivation of his campaign. and we talked about it here in london .

>> for me this campaign is overwhelmingly about getting more good jobs for middle income americans, getting them rising incomes. when that happens, they'll have more money to buy the things they want to buy. that helps the economy. they can pay more taxes with higher incomes. that gets us to a balanced budget . we're at a point here where we have two different roads we can go down. one leads to europe . the other leads to the kind of prosperity which has always characterized america .

>> europeans would argue we were europe before there was europe back in '08. but we went first of course.

>> well, there is no question but that the collapse of our housing and our financial system was what precipitated the trauma that you're seeing throughout the world. what has made it last so long is the improper decisions made over the prior decade where nations abroad and nations in the united states borrowed far too much money and put themselves if you will at the brink of a precipice. when something came along that caused them to slip it's hard to stop the fall. i understand what it takes to get america back ontrack. we've dealt with some of the tough things that needed to be dealt with but we're unfortunately not headed in the right direction. trillion dollar deficits, massive increases in regulation. proposals to raise taxes on job creators, all businesses in particular, these things will make it very difficult for america 's economy to create the jobs we so badly need.

>>> mitt romney and his wife ann are here in london in part because they have a competitor in these games. mrs. romney is an investor in a dressage horse that is competing here at the olympics. the romneys will appear together live from right here in london tomorrow morning on today.

Source: http://video.msnbc.msn.com/nightly-news/48345775/

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