It's important to know that the vast majority of people who were excited in 2008 are still really enthusiastic. We've got more volunteers now than ever, and they're engaged, they're motivated, they're not paying attention to the ups and downs of polls or Washington.

The elevation of appearance over substance, of celebrity over character, of short term gains over lasting achievement displays a poverty of ambition. It distracts you from what's truly important.

I was able to excite and engage people who previously hadn't been involved in politics, and part of the reason that I was able to be re-elected and stay relatively popular in the United States was because even when the economy was bad or we had problems, people sensed that I listened to them and I was on their side.

If you work hard. And are responsible. You should be rewarded.

Increasing America’s debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

We are a people of improbable hope.