Video Clip - Presidential Candidate Mitt Romney's Plant To Get Economy Back Track - Interviews

This is often a rush transcript from "Hannity," June 2, 2011. This duplicate is probably not inside it's finalized kind and may even be updated.

SEAN HANNITY, HOST: nd your GOP industry became much larger today because ex - Massachusetts Governor Mitt Romney basically used his or her hat directly into that diamond ring and reported this she has set to difficult task "The Anointed One" with 2012.

And I sat down by using your ex to get a good meet with about that previous today, in addition to we'll arrive at that will in just some sort of moment. But first, look along at the governor's massive announcement.

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MITT ROMNEY, FORMER MASSACHUSETTS GOVERNOR: The ideas of which built that nation a fantastic and highly effective innovator in the world, have not lost their own meaning. They certainly not will. We learn most people can carry that united states back. I'm Mitt Romney. I trust America. And I'm operating with regard to leader connected with the actual United States.

(CHEERING AND APPLAUSE)

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HANNITY: Now, Governor Romney designed his announcement inside key principal assert with New Hampshire, where all of us sitting affordable to get your interview.

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HANNITY: Governor Romney, great to view you, many thanks so much for doing this.

ROMNEY: Thanks, Sean. Good to become having you, again.

HANNITY: All right. Big time pertaining to you?

ROMNEY: Yes. Absolutely. Announcing I'm running pertaining to chief executive today.

HANNITY: Barack Obama provides hit a brick wall America, an individual mentioned that.

ROMNEY: No problem in relation to it. He arrived into workplace plus there seemed to be a single employment entrance as well as center. And this was to stay the actual economy from proceeding down some sort of cliff. To make sure that Americans received returning to work, that home values followed back. And look, i am towards their third calendar year of his or her presidency. And we live inside finally 12 months most people tend to be seeing ongoing higher levels connected with unemployment. We discover property prices declining, foreclosures continue to be at history levels. He includes definitely not flipped that financial state around. He has unsuccessful inside the career he or she had been elected to do. And this is why inside my personal opinion, he is certainly not likely to possibly be reelected.

HANNITY: You know, it was interesting, I appeared to be reading a write-up yesterday. A financial adviser, he or she actually made the following report in addition to the idea grew to become leading site of the Drudge Report, The Coming Depression. Do you would imagine it could possibly obtain that bad?

ROMNEY: Well, in the event that it is very managed. If you've got an economic system where your market leaders carry out every thing wrong, anything at all is possible. The proper study course pertaining to America should be to basically opposite virtually every solo activity he's used as president. Everything he / she does ended up being exactly what the school snug members possess recently been speaking about for years, which you hear Europeans doing. And what Europeans possess done includes lead to stagnation, large concentrations of being out of work and also declining competitiveness intended for Europe.

In this specific country we now have a different course. I rely on the best way most of us do it. We notion in individual initiative, private responsibility, opportunity, freedom, compact government, Constitution. These principles, these kind of American rules are generally critical which will get our economic climate returning to becoming successful and also leading this world.