The point I was making was not that Grandmother harbors any racial animosity. She doesn't. But she is a typical white person.

For we have always understood that when times change, so must we, that fidelity to our founding principles requires new responses to new challenges, that preserving our individual freedoms ultimately requires collective action.

That applies, by the way, even to some of the folks who are now [Donald] Trump supporters. They're responding to a fictional character named Barack Obama who they see on Fox News or who they hear about through Rush Limbaugh.

I will eliminate capital-gains taxes for the small businesses and the startups that will create the high-wage, high-tech jobs of tomorrow

My job is exhilarating. It's challenging. I find that the governance part of it, the decision making part of it - actually comes - comes pretty naturally. I think I've got a great team. I think we're making good decisions. The the hardest thing about the job is staying focused. Because there's so many demands and decisions that are pressed upon you.

I believe in term limits for presidents because I think that there is no doubt I'm a better president now than I was when I start. I would argue that I am the best president I've ever been over the last year or two. My team is more effective than it's ever been.But what is also true is that number one, this is grueling.

Every president who has tried to bring about big changes I think elicits the most passionate responses.