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Romney says Obama has failed to help create jobs

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CHARLOTTE, NC (AP) -- Mitt Romney says President Barack Obama is over his head and swimming in the wrong direction when it comes to the economy.

In a scathing indictment of Obama's policies, the Republican presidential nominee-in-waiting says virtually nothing Obama has done in his time in the Oval Office has helped create jobs.

Romney says more Americans have lost jobs, more houses have plunged in value, gasoline prices have doubled and health care costs have risen during Obama's tenure.

Romney spoke Wednesday in Charlotte across the street from the Bank of America Stadium, where Obama will accept the Democratic Party's nomination to a second term in early September.

Romney spoke as Obama campaigned in Ohio, a perennial swing state struggling to recover from the worst recession in decades.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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