Link to the full speech below. I clipped the lines on the Prez.
Let me say a word about the man Mitt Romney will replace. No one disputes President Obama inherited a difficult situation. And, in his first 2 years, with his party in complete control of Washington, he passed nearly every item on his agenda. But that didn’t make things better.
In fact, we find ourselves in a nation facing debt, doubt and despair.
This is the worst economic recovery in 70 years. Unemployment has been above 8 percent for more than three years, the longest run since the Great Depression. Families are hurting.
We have the largest deficits and the biggest federal government since WWII.
Nearly 1 out of 6 Americans are in poverty--the worst rate in a generation. Moms and dads are struggling to make ends meet.
Household incomes have dropped by more than $4,000 over the past four years.
Whatever the explanations, whatever the excuses, this is a record of failure.
President Obama, and too many like him in Washington, have refused to make difficult decisions because they are more worried about their next election than they are about the next generation. We might have been able to get away with that before, but not now. We’re in a different, and dangerous, moment. We're running out of time -- and we can't afford 4 more years of this.
Politicians from both parties have made empty promises which will soon become broken promises--with painful consequences--if we fail to act now.