What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.
I walk every day, and I look at the mountains and the fields and the small city, and I say: 'Oh my God, what a blessing.' Then you realise it's important to put it in a context beyond this woman, this man, this city, this country, this universe.
After all, how can a society flourish, a country attain democracy and health, children grow into intelligent beings, sensitive to the needs of an ever more fragile and endangered planet, if half it's people are kept out of the driver's seat?
War is a dead end, literally. And, what is more, we simply can't afford it. Not morally, and not financially. How long will it take the citizens of the United States, one wonders, to recognize that the house their country bombed in Iraq is the same one they were living in until it was foreclosed?
If its individual citizens, to a man, are to be believed, it always is depressed, and always is stagnated, and always is at an alarming crisis, and never was otherwise; though as a body, they are ready to make oath upon the Evangelists, at any hour of the day or night, that it is the most thriving and prosperous of all countries on the habitable globe.
In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they have occurred more often, and 2008 was the most damaging of them all to date. If we have moved back to a regime of regular financial crises - like the one we had from the 1870s to the 1930s - then our economic future will be very different from our recent past.
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
If you believe that the job of the federal government is to secure this country, it's really important for you to understand that success in Iraq is part of securing the country.
America is an unlikely place - a country built on defiance of the odds; on a belief in the impossible. And I remind you of this because as you set out to live your own stories of success and achievement, it's now your turn to help keep it this way.
We have to create that bridge for the future. And that means making sure we're paying attention to the wages of workers in countries, making sure that we're investing in their education and their skills.
And lest we get on our high horse and think this is unique to some other place, remember that during the Crusades and the Inquisition, people committed terrible deeds in the name of Christ. In our home country, slavery and Jim Crow all too often was justified in the name of Christ.