We cannot rebuild this economy on the same pile of sand. We must build our house upon a rock. We must lay a new foundation for growth and prosperity; a foundation that will move us from an era of borrow and spend to one where we save and invest.
President Obama emphasizes the need for a new economic foundation and expresses cautious optimism about future recovery.
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When we choose, when we make that decision, I do believe – and there is evidence for this – that the world gets incrementally better, and that is a worthy goal and it’s worth fighting for.
Because if this becomes the new normal, there’s no reason to believe it will stop with her — or that future presidents, in either party, won’t do the same.
And I will fight for that, even if I don’t always think it’s going to win.
I think when we act on that basis, it doesn't always work out, but over time things do get better.
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