The kind of violence, looting, destruction that we saw from a handful of individuals in Baltimore, there's no excuse for that. That's not a statement. That's not politics. That's not activism. That's just criminal behavior.
I think our basic principle that this is a free market system and that that has worked for us, that it creates innovation and risk taking, I think that's a principle that we've gotta hold to as well. But what I don't wanna do is get bottled up in a lot of ideology and is this conservative or liberal. My interest is finding something that works.
And so you [young Americans]need to be the Idea Generation. The generation who's always thinking on the cutting edge, who's wondering how to create and keep the next wave of American jobs and American innovations, who's figuring out how to out-compete the Idea Generations of Indias and Chinas of the world.
What is a danger is that we stay stuck in a new normal where unemployment rates stay high, people who have jobs see their incomes go up, businesses make big profits. But they're learned to do more with less, and so they don't hire.
I have never had to travel more than thirty seconds from home to office, and it's because of that that I've been able to maintain, really a family life that has nurtured and sustained me during this time [of presidency].
For we have always understood that when times change, so must we, that fidelity to our founding principles requires new responses to new challenges, that preserving our individual freedoms ultimately requires collective action.