I want to make it very clear that this middle-class tax cut, in my view, is central to any attempt we're going to make to have a short-term economic strategy and a long-term fairness strategy, which is part of getting this country going again.

That all depends on what "is" is.

America can no longer afford to get the Nobel Prizes while our competitors get the profits.

If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.

I figured if I could get really good people who were going to be able to have a big impact in the world over the next decade to come together once a year for ten years and actually sign a pledge to take action themselves, if we did that every year for ten years we could do a lot of good in the world. That's the difference between my meeting and any other. If you don't want to promise to do something, don't come to my meeting, stay home.

This will arguably be the third great revolution of America, if we can prove that we literally can live without having a dominant European culture.

Our mission in this new century is clear. For good or ill, we live in an interdependent world. We can't escape each other. Therefore, we have to spend our lives building a global community of shared responsibilities, shared values, shared benefits.