From his hotel in Las Vegas, famous billionaire Donald Trump has announced his support for Republican hopeful Mitt Romney. The Republican candidates have been campaigning in Nevada where Romney took an strong lead over Newt Gingrich. Previously it was reported that Donald Trump was going to support Gingrich instead.

During the course of his speech endorsing the man, Trump said he was supporting him because he thinks Romney is the man to lead America back on track. Trump said that people in China were laughing at America and those also competing with it. Mr Trump said foreign business people he deals with had taken advantage of increased US uncompetitiveness and Romney was the man to return it.

I believe he means austerity measures and lowering the minimum wage.