In a new strategy aimed at identifying with the common man, Mitt Romney touted the strength of his business acumen as an important trait qualifying him to be president of the United States.
Speaking to a group of students and administrators at Ohio's Otterbein College Friday, GOP presumptive nominee Mitt Romney went into detail about his past at Bain Capital and how this experience gave him the know-how to run the country.
"The impact of gathering facts, gathering information, learning about the reality behind the words, has proved to me, in the business sector, that facts are more important than words and that results are more important than words," he told the crowd.
"You will hear words from people running for office that sound great. But sometimes what people say is not a perfect example of what they're going to do."
Romney aides shifted from previous strategies downplaying Romney's wealth and past at Bain to one playing up the lessons he has learned as valuable for America's ailing economy. He also criticized President Barack Obama's economic policies, saying they were weak and ineffectual.
"No question in my mind that if this president were to be reelected, we will ultimately face a Greece-like setting, where people will wonder whether they want to loan money to America, and loan money to America at low interest rates," Romney told the students.
Both the President and Romney have been heavily courting the youth vote this week at the same time as Congress has been mulling an extension to a federal student loan interest rate cut set to expire July 1. Both support the extension, but on different terms.
"I'm not going to be satisfied until we once again have the best education system in the world, and college is affordable for young people all across the country," Obama said at a campaign event in Washington, DC Friday. Obama wants to extend the interest rate loan cut without cutting other vital programs.
However, the GOP-dominated House of Representatives passed a student loan rate cut extension Friday that funds the move by taking money from wellness educations programs in Obama's 2010 health care law. The President has threatened to veto the bill if it passes the majority-Democrat Senate, an unlikely outcome.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.