Republican presidential candidate Mitt Romney on Thursday suggested that Barack Obama had been governing as a "president of doubt and deception."

At a campaign event in Saint Louis, the former Massachusetts governor blasted Obama for not understanding the "free enterprise system."

"Sadly, it's become clear that this president simply doesn't understand or appreciate these fundamental truths of our economic system," he insisted. "Our government has a moral commitment to help every American to help himself -- him and herself. And that commitment has been broken."

"I don't believe, by the way, that it was done with evil intent or ill will," he continued. "As your president starting on day one, I will do everything in my power to end these days of drift and disappointment."

Romney noted that something was "fundamentally wrong when there over 23 million Americans who are unemployed, underemployed or have stopped looking for work."

"And yet, the president tells us he's doing a great job," the candidate pointed out. "Forward, he says. Off a cliff."

"I will not be that president of doubt and deception!"

Watch this video from CNN, broadcast June 7, 2012.