Mitt Romney to Run For President; Says Obama Has "Failed America"

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Former Massachusetts Gov. Mitt Romney formally entered the race for the Republican presidential nomination on Thursday, announcing his second White House bid with a direct shot at President Barack Obama's economic leadership.

"Barack Obama has failed America," Romney declared in Stratham, N.H. "It breaks my heart to see what's happening in this country."

"What's [the president's] answer? He says this: 'I'm just getting started.' No, Mr. President, you've had your chance."

Mitt Romney for President

Mitt's run comes at an uncertain time for the U.S. economy, which he claims his business acumen makes him uniquely qualified to take the reins of.

He lost to John McCain back in 2008. Will he prevail in 2012?

He has strong GOP institutional support, but must overcome a lack of enthusiasm among many Republicans and outright opposition among others.

Romney's championing of universal health care in Massachusetts is one point of contention among Tea Party members who prefer ... someone else.

Talk to THG: If the election were today, I'd vote for ...

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Barack Obama Biography

Barack and Michelle Obama
Barack Obama is the 44th President of the United States of America. He became a Democratic U.S. Senator from Illinois in 2004, and has... More »
Honolulu, Hawaii
Full Name
Barack Hussein Obama II

Barack Obama Quotes

I do think in Washington, it's a little bit like American Idol. But everybody is Simon Cowell.

Barack Obama

I think I'm a pretty cool dad.

Barack Obama