SIOUX CITY, Iowa (AP) — Republican presidential candidate Mitt Romney claimed Friday that President Barack Obama has failed to fulfill his promises in part because he does not understand what it takes to ignite a more robust economic recovery.

Resuming campaigning after a hiatus during the Democratic National Convention, Romney impugned Obama's competence, not his effort, the day after Obama accepted his party's nomination for president.

"This president tried, but he didn't understand what it takes to make our economy work. I do," Romney told 4,000 supporters at Northwest College in Orange City, the heart of Iowa's GOP-heavy west.

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