No development strategy can be based only upon what comes out of the ground, nor can it be sustained while young people are out of work.

When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in education, more cuts in basic research? Nobody thinks that's a good idea.

I did not suggest that Iran is a democracy; just the opposite. I talked about it being a repressive theocracy. What I think is indisputable is that even within this repressive regime, the political leaders there - including the Supreme Leader - are sensitive to the concerns of the population within bounds.

While we may not live to see the full realization of our ambition, we will have the satisfaction of knowing that the world we leave to our children will be better off for what we did.

America is not - and never will be - at war with Islam. We will, however, relentlessly confront violent extremists.

Going through the legislative process is always better, in part because it's harder to undo.

What we have to do moving forward is to make sure that small businesses that account for most of the job growth in our economy are getting the kind of financing that they need.