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...terrorism have left our unity on national security issues in tatters and created a highly polarized and partisan backdrop for this effort. And having just experienced the worst economic crisis since the Great Depression, the American people are understandably focused on rebuilding our economy and putting people to work here at home...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

...Second, we will work with our partners, the U.N. and the Afghan people to pursue a more effective civilian strategy so that the government can take advantage of improved security...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

...Over the past several years, we have lost that balance and failed to appreciate the connection between our national security and our economy. In the wake of an economic crisis, too many of our friends and neighbors are out of work and struggle to pay the bills, and too many Americans are worried about the future facing our children. Meanwhile, competition within the global economy has grown more fierce. So we simply cannot afford to ignore the price of these wars...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

...took office, the cost of the wars in Iraq and Afghanistan approached a trillion dollars. Going forward, I am committed to addressing these costs openly and honestly. Our new approach in Afghanistan is likely to cost us roughly $30 billion for the military this year, and I will work closely with Congress to address these costs as we work to bring down our deficit...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

...does not come solely from the strength of our arms. It derives from our people - from the workers and businesses who will rebuild our economy, from the entrepreneurs and researchers who will pioneer new industries, from the teachers that will educate our children, and the service of those who work in our communities at home, from the diplomats and Peace Corps volunteers who spread hope abroad, and from the men and women in uniform who are part of an unbroken line of sacrifice that has made government of the people, by the people and for the people a reality...

Author: /time Magazine | Title: Full Transcript of Obama's Speech | 12/1/2009 | See Source »

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