You can’t let your failures define you. You have to let your failures teach you.

We didn't become the most prosperous country in the world just by rewarding greed and recklessness. We didn't come this far by letting the special interests run wild. We didn't do it just by gambling and chasing paper profits on Wall Street. We built this country by making things, by producing goods we could sell.

Health care costs generally have gone up at a significantly slower rate since ObamaCare was passed than they did before, which has saved the federal Treasury hundreds of billions of dollars.

I promised to bring change to Washington. The underlying reason for the economic mess we're in has been building for years. It's a fundamental imbalance in which the top 1 percent now gets almost a quarter of all national income. We haven't seen income and wealth this concentrated since the late nineteen twenties, and we all know what happened then - the Great Depression. We'll never really get out of the gravitational pull of the Great Recession until we fix this basic problem.

If we don't reform how healthcare is delivered in this country, then we are not going to be able to get a handle on that escalating healthcare costs.

I don't want to exaggerate; having as many African American men as we've had in the criminal-justice system, and the amount of time it takes for the damage done by that to wash through our society and our communities, the disadvantages born out of kids being undiagnosed with mental-health problems early, or not getting the kind of exposure to reading and math when they're 4 or 5 or 6 years old, that carries a cost.

Four years ago, I promised to end the war in Iraq. We did. I promised to refocus on the terrorists who actually attacked us on 9/11. We have. We've blunted the Taliban's momentum in Afghanistan, and in 2014, our longest war will be over. A new tower rises above the New York skyline, al Qaeda is on the path to defeat, and Osama bin Laden is dead.