Mitt Romney: “Some say, we're going through a little bumpy phase in our economy. It's more than that. We got a bumpy phase. But it's…”

“Some say, we're going through a little bumpy phase in our economy. It's more than that. We got a bumpy phase. But it's more than that. The long-term trajectory is of real concern. And unless we change that long-term trajectory, we could become the Great Britain or France of the 21st century. Still great nations. But not the most powerful nation on earth. And right now, the world needs America's strength and does not need to see China or someone else become the world's superpower.”