Barack Obama actually said...

"The last thing we can afford to do is to go back to the same policies that got us in this mess in the first place."

"I look forward to a future of improved dialogue and increased cooperation in the years to come."

"The U.S. economy is rebalancing toward sustainable growth, with higher domestic saving, a commitment to long-term fiscal sustainability, and productivity-enhancing investments."

"The United States and China affirm that our two countries are promoting the healthy and steady development of the U.S.-China cooperative partnership based on mutual respect and mutual benefit."