It has fallen to every generation since then to preserve that idea--the American idea--and to deepen and expand its meaning in new and different times. To Lincoln and to his Congress, to preserve the Union and to end slavery. To Theodore Roosevelt and Woodrow Wilson, to restrain the abuses and excesses of the Industrial Revolution and to assert our leadership in the world. To Franklin Roosevelt, to fight the failure and pain of the Great Depression and to win our country's great struggle against fascism.

And to all our Presidents since, to fight the cold war. Especially, I recall two who struggled to fight that cold war in partnership with Congresses where the majority was of a different party. To Harry Truman, who summoned us to unparalleled prosperity at home and who built the architecture of the cold war. And to Ronald Reagan, whom we wish well tonight, and who exhorted us to carry on until the twilight struggle against Communism was won.

In another time of change and challenge, I had the honor to be the first President to be elected in the post-cold-war era, an era marked by the global economy, the information revolution, unparalleled change in opportunity and in security for the American people.

I came to this hallowed chamber two years ago on a mission: To restore the American dream for all our people and to make sure that we move into the 21st century still the strongest force for freedom and democracy in the entire world.

I was determined then to tackle the tough problems too long ignored. In this effort I am frank to say that I have made my mistakes. And I have learned again the importance of humility in all human endeavor.

But I am also proud to say tonight that our country is stronger than it was two years ago.

Accomplishments

Record numbers, record numbers of Americans are succeeding in the new global economy. We are at peace, and we are a force for peace and freedom throughout the world. We have almost six million new jobs since I became President, and we have the lowest combined rate of unemployment and inflation in 25 years.

Our businesses are more productive and here we have worked to bring the deficit down, to expand trade, to put more police on our streets, to give our citizens more of the tools they need to get an education and to rebuild their own communities. But the rising tide is not lifting all the boats.

While our nation is enjoying peace and prosperity, too many of our people are still working harder and harder for less and less. While our businesses are restructuring and growing more productive and competitive, too many of our people still can't be sure of having a job next year or even next month. And far more than our material riches are threatened, things far more precious to us: our children, our families, our values.