You have social media and the Internet and immigration and so, suddenly, cultures are clashing and people feel as if they're less familiar with the people around them. That causes social anxieties.

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

Because as tough as things have been, I am convinced you are tougher. I've seen your passion and I've seen your service... I've seen a generation eager, impatient even, to step into the rushing waters of history and change its course.

I think there are a lot of factors going into an election. I think the bottom line is - is that Donald Trump is gonna be sworn in as the 45th President of the United States of America. And it's not necessarily profitable to sort of try to untangle all the different factors that went into it.

What we can do is to shape how that process of global integration proceeds, so that it's increasing opportunity for ordinary people, so that it's creating better jobs, so that we are strengthening protections for workers, so that we are addressing some of the environmental challenges that come with rapid growth.

I'd like to think that "President Obama believed deeply in this democracy and the American people."

I have been blessed by having, and I admittedly am biased, some of the smartest, hardest-working, and good people in my administration that I think any president has ever had.