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CINCINNATI, OH - Mitt Romney says President Barack Obama is "long on words and short on action" when it comes to fixing the economy.

In a speech Thursday, the likely Republican presidential nominee assailed his Democratic rival's policies before the president stepped to the microphone to deliver his economic speech in a different part of Ohio. Romney said Obama's "talk is cheap" but his actions "speak very loud."

Romney criticized the economic stimulus bill, the health care law and Obama's decision not to approve the Keystone XL oil pipeline from Canada.

Romney's advisers billed his appearance as a major speech on the economy, but the former Massachusetts governor offered little beyond his standard campaign rhetoric. He was originally scheduled to speak at the same time as Obama, but began 15 minutes early.