America can't provide health care to people who need it. We can't invest in science and technology, which will determine whether or not we are going to be competitive in the long term. There has never been a country on Earth that saw its economy decline and yet maintained its military superiority.

[The generation engaged, inspired, worked for change] that generation, it's coming. They're not the majority yet but they're gonna be the majority soon.

There are gonna be elections coming up among our NATO allies that we have to pay attention to. I anticipate that this kind of thing can happen again here. And so in addition to the report assessing what exactly happened, what we have also done is to make sure that the Department of Homeland Security and our intelligence teams are working with the various folks who run our elections.

We reject the use of national security letters to spy on citizens who are not suspected of a crime.

As I travel around the world, it's fascinating; European leaders, Asian leaders, they all say to me, America is actually poised to be the world leader for another century - if we can fix some of this political dysfunction. ... We've got a lot of national security challenges, but if we get our economy together, and if we can get our political system to work well, I am really confident about our future.

What is certainly true is that the American people, just like the German people, just like the British and people around the world, are seeing extraordinarily rapid change. The world is shrinking, the economies have become much more integrated and demographics are shifting.

The small irritations or indignities that we experience are nothing compared to what a previous generation experienced... It’s one thing for me to be mistaken for a waiter at a gala. It’s another thing for my son to be mistaken for a robber and to be handcuffed or, worse, if he happens to be walking down the street and is dressed the way teenagers dress.