Romney critical Obama economic policies in Utah (AP)

SALT LAKE CITY - Republican presidential hope that Mitt Romney had criticized the President Barack Obama political economic, Friday at campaign stops in his unique home state of Utah.

"Gasoline is too expensive, too expensive food, there are too many people for their work and there is nothing to be proud of in the economic policies of Barack Obama," Romney said of the bright back of a red pick-up truck outside a popular drive-in in Salt Lake City restaurant. "My policy will get Americans back to work and to leave America to lead the world as in the past."

Judgment of the Hires Big H belonging Romney was his first public appearance in heavily Republican Utah since he announced his candidacy for the nomination. The event drew about 200 supporters and was bookended by a pair of fundraising private, including lunch $ 1,000 a plate at a home private Orem and a receipt of $2,500 per person, in a downtown Salt Lake City.

It was not clear Friday how much money Romney had raised during his swing through the State.

It bid second of Romney for the GOP nomination. He was considered a primary field which includes the former Governor of Minnesota Tim Pawlenty, former House Speaker Newt Gingrich, Minnesota Rep. Michele Bachman and former Governor of the Utah Jon Huntsman favorite.

Romney said that at the end of his first term, Obama will have accumulated a debt more than previous Presidents of the United States combined - a remark which drew whistle noise of the crowd.

"He has spent too much money, he borrowed too much money... he put in place greater recovery States ' rights with his Obamacare, which we are gonna repeal and reverse,"Romney says with his wife of 42 years, Ann, at his side. ".

Robin and Robert Fullmer, Republican of Midvale, waited an hour in the heat of the Sun to see the candidate. They said they believe Romney, as the couple is a member of the Utah-based church of Jesus Christ of Saints, can tackle the problems of the country's foreign and economic policy.

"It seems to have integrity, and it seems to have right at this moment experience in politics, said Robert Fullmer, 78."

A Democrat, Anne Ryan, of Portland, Oregon, interrupted his tour of Utah to her husband and two young sons rally.

"I'm a fan of Mitt." I took his campaign for a long time... and also this is just an experience for my son to come and see a campaign event, said the 43 years, who is also a Mormon.

Ryan, a former computer systems engineer, said that it was performances of Romney in Massachusetts, Governor and head of the Olympic Winter Games 2002 in Salt Lake City which attracted his interest and support.

After the rally, Romney munched on a cheeseburger and talked with the owners of small businesses the heads of Government state of their concerns, including taxes, costs of health insurance, and local programs right and political energy.

Critical deficit reduction says (Reuters) IMF's Lipsky

DENVER (Reuters) - a senior official of the IMF warned Saturday that the U.S. must start on a path of deficit-cutting the budget relatively low or facing overwhelming debt rising interest rates.

"A time - wasting," John Lipsky, first Deputy Director General of the IMF International, said in a speech at the annual Conference of American Economics Association here. "It is essential to establish the basis for credible medium-term budgetary adjustment," he said.

Lipsky welcomed the measures recently by U.S. Governors of central banks and politicians in support of a weak economic recovery with monetary policy and fiscal expansionists. However, he said that these steps make it less likely that US can achieve goals to reduce its deficit in half by 2013.

Fiscal and monetary stimulus measures is controversial. The Federal Reserve in November sparked outrage with binding - plan buy $ 600 billion that national and international critics protested would weaken the dollar and lay the groundwork for a burst of inflation.

President Barack Obama and Congress agreed in December to a tax package 858 billion dollars to support economic growth, but quailed sound bond markets deepening budget deficits 1.3 trillion dollars.

Although short-term budgetary consolidation measures might affect economic growth and will be politically controversial long term they will be stronger growth, said Lipsky.

The risk is that if the US can not soon trim its deficit, doubts about America's financial position could push interest rates higher than longer term, he said.

U.S. legislators concerned about the deficit grow with spending cuts, but face opposition from other concerned listening exercise brake too early could delay the fragile economic recovery.

The Government debt crises that have recently introduced Ireland, Spain and the Portugal have raised concerns about the solvency of the greatest nations and led many to wonder how long the United States can support high levels of deficit.

While Republicans in the United States were the most vocal in calling for reductions in expenditures and rolled a rallying cry of deficit-cutting large gains in November's election, they have supported so far of the commitments to reduce spending.

Lipsky praised a proposal by a presidential commission for the United States to trim the deficit with a review of major tax code and deep spending cuts. While the plan was controversial, he collected more political than expected support.

However, the commission has always lacked sufficient support to the force of action of the Congress and there is little expectation that tax review will take place this year.

(Reporting by Mark Felsenthal.) (Editing by Leslie Adler)