We are committed to a world in which we keep America safe, but we recognize that our power doesn't just flow from our extraordinary military but also flows from the strength in our ideals and our principles and our values.

For now, whether you are young or whether you're young at heart, I do have one final ask of you as your president, the same thing I asked when you took a chance on me eight years ago. I am asking you to believe not in my ability to bring about change, but in yours.

In 2010 there were a lot of folks who were still out of work. There were a lot of folks who had lost their homes or saw their home values plummet, their 401k's plummet.

Those aren't the kinds of folks who represent our core American values.

On every front there are clear answers out there that can make this country stronger, but we're going to break through the fear and the frustration people are feeling. Our job is to make sure that even as we make progress, that we are also giving people a sense of hope and vision for the future.

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.

I wanna thank the German people for the incredible partnership that our countries have been able to establish all these years.