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

But let me perfectly clear, because I know you'll hear the same old claims that rolling back these tax breaks means a massive tax increase on the American people: if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.

My abiding faith in the American people is undiminished. That's still what drives me every single day.

As tough as things have been, I am convinced you are tougher. I've seen your passion and I've seen your service. I've seen you engage and I've seen you turn out in record numbers. I've heard your voices amplified by creativity and a digital fluency that those of us in older generations can barely comprehend. I've seen a generation eager, impatient even, to step into the rushing waters of history and change its course.

I think I have an ongoing conversation with God. I think throughout the day, I'm constantly asking myself questions about what I'm doing, why am I doing it.

To young people: you have to stay encouraged.

You could see a man talking to himself as just plain crazy, or read about the criminal on the front page of the daily paper and ponder the corruption of the human heart, without having to think about whether the criminal or lunatic said something about your own fate.