I said that America’s role would be limited; that we would not put ground troops into Libya; that we would focus our unique capabilities on the front end of the operation and that we would transfer responsibility to our allies and partners.

I just want to repeat that there's nothing that we've proposed that would make it harder for you to purchase a firearm.

Over the last 15 months, we've traveled to every corner of the United States. I've now been in 57 states? I think one left to go.

I would say this, I'll go back to those black ladies I was talking about who love them some Barack and love Michelle even more - and by the way, they are not middle-aged anymore, because I'm now middle-aged. So they're a little bit older. As fervent as they were, as excited and happy as they were when I was elected, they had to go to work the next morning. They still had trouble paying those bills. They might have still had a son who was in trouble with the law or couldn't get a job because of a felony record. They didn't stop being grounded.

Of course, there's been a real debate about where to invest and where to cut, and I'm committed to working with members of both parties to cut our deficits and debt. But we can't simply cut our way to prosperity.

Those are the ladies sitting in church. And in the same way that they might feel a joy and release on Sunday, they are still going to work on Monday. And that's who I was listening to during this process. And if at the end of my presidency they feel like I did a pretty good job, then I'll feel pretty good.

For everywhere we look, there is work to be done. The state of our economy calls for action: bold and swift. And we will act not only to create new jobs but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs.