In America, we then made a commitment, particularly after World War II with the GI Bill, to massively expand our commitment to college education, and that meant we had more engineers and we had more scientists and that meant we had better technology, which meant that we were more productive and we could succeed in the global marketplace.
Barack ObamaI don't think that hedge funds are bad per se. I think they're just one more financial tool. And in that sense, they're useful.
Barack ObamaIn Europe, where the terrorist threat is probably greatest at the moment, the amount of information-sharing that's been taking place, the effectiveness of law enforcement across borders gives us the ability to protect ourselves while still being true to the basic precepts of our liberal democracies. I hope that that continues, and it is something that I think we should be worried about.
Barack Obama