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Mitt Romney Announces He's Running for President

Darren McCollester/Getty Images(STRATHAM, N.H.) -- Mitt Romney, flanked by hay bales and a larger-than-life American flag on a Stratham farm, announced Thursday that he's running for president, declaring that President Obama has "had his chance.”

"We the people on this farm and citizens across this country are the people who are just getting started," said Romney.

"Today we are united not only by our faith in America. We are united also by our concern for America," said Romney. "This country we love is in peril. And that, my friends, is why we are here today."

Romney spent much of his speech criticizing the Obama's handling of the struggling economy.

"Barack Obama has failed America," said Romney. "When he took office, the economy was in recession. He made it worse. And he made it last longer.

"From my first day in office, my No. 1 job will be to see that America once again is No. 1 in job creation," Romney vowed. "You know, if you want to create jobs, it helps to have had a job."

In a one-on-one sit down interview earlier Thursday with ABC News, Romney went into further detail about his policy plans and the first things he would do if he is elected president in 2012.

Romney said if he is "lucky enough" to get elected, he will work to return America to being the "No. 1 place for creating jobs."

"I know how to do that. It's what I've spent my life doing. And that's what I want to bring to the White House," he said.

Asked if he would sign the plan written by Rep. Paul Ryan that would restructure Medicare if it reached his desk as president, Romney said yes. But he quickly added that it is not his own plan, and that he would be offering a different plan. When pressed on details, Romney said, "Well, mine has more choice, and I'll leave it at that. It's something we're working out."

Copyright 2011 ABC News Radio

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