Former Massachusetts Gov. Mitt Romney (R) said Tuesday that he'll decide whether to run for president in 2012 sometime after this fall's midterm elections.

Romney, a 2008 Republican candidate for president and rumored 2012 contender,  told Fox News in an interview to air Wednesday that he and his wife would give thought to a second presidential bid in a few years.

"It's always a possibility, and you keep the options open, but, you concentrate on the task ahead, for me that's trying to get some good people elected in 2010," said Romney during a "Fox and Friends" appearance. "And, I know once that's done the next item on the agenda is what's 2012 going to be; and, Ann and I will give that some thought and make the decision then.”

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Romney has stumped for plenty of GOP candidates since dropping his 2008 presidential bid, and has managed to stay on the national radar since then, where he's criticized President Barack Obama.

He voiced more of that criticism on Fox, where Romney suggested Obama had governed to the left of what the president had promised as a candidate.

"I had higher hopes for him," Romney said. "I knew he was a smart individual I thought that he would learn that governing from the middle was the right way to go, as president Clinton learned his second term, but he's made a lot of the mistakes that ideologues often do, which is thinking that everybody in the country voted for their extreme agenda."

Romney will swing through Iowa as part of a tour to promote his new book, something former Alaska Gov. Sarah Palin (R), another potential 2012 candidate, did late last year. Romney had some kind words for his potential adversary on Fox.

"I don't know what her plans are but my expectation is that she'll stay in the Republican party," he said. "Look, she's a great, energizing member of the party. She has good ideas that have galvanized a lot of support for the party and she's a welcome addition.”