Donald Trump will be the next president, the 45th President of the United States. And it will be up to him to set up a team that he thinks will serve him well and reflect his policies. And those who didn't vote for him have to recognize that that's how democracy works. That's how this system operates.

My presidency is not over. I've got another five years coming up.

It was the labor movement that helped secure so much of what we take for granted today. The 40-hour work week, the minimum wage, family leave, health insurance, Social Security, Medicare, retirement plans. The cornerstones of the middle-class security all bear the union label.

We are reorganizing how we work with state and local governments to make sure that we are not prioritizing families [for deportation], and you are gonna see, I think, a substantial change even as the case works its way through the courts.

But race is an issue that I believe this nation cannot afford to ignore right now. We would be making the same mistake that Reverend Wright made in his offending sermons about America - to simplify and stereotype and amplify the negative to the point that it distorts reality.

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.

Black children, white children, Latino children. America is becoming more diverse, it's becoming more tolerant as a consequence there's more interactions between groups. There are going be tensions that arise.