WASHINGTON (AP) — Seizing on what he called a "devastating" jobs report, Mitt Romney argued Friday that the best prescription for economic recovery is to replace President Barack Obama.

"Probably the most significant thing we can do in the near term is to get a new president that understands what it takes to get the economy going," Romney said during an interview on CNBC. "These numbers are devastating."

The presumptive Republican presidential nominee said he opposes any new action by the Federal Reserve to stimulate the economy. He called for a new emphasis on energy development, promised to "kill" Obama's health care law and said he would reduce taxes and government spending.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.