I thank President Bush for his service to our nation...

(APPLAUSE)

... as well as the generosity and cooperation he has shown throughout

this transition.

Forty-four Americans have now taken the presidential oath.

The words have been spoken during rising tides of prosperity and the

still waters of peace. Yet, every so often the oath is taken amidst

gathering clouds and raging storms. At these moments, America has

carried on not simply because of the skill or vision of those in high

office, but because We the People have remained faithful to the ideals

of our forbearers, and true to our founding documents.

So it has been. So it must be with this generation of Americans.

That we are in the midst of crisis is now well understood. Our nation is

at war against a far-reaching network of violence and hatred. Our

economy is badly weakened, a consequence of greed and irresponsibility

on the part of some but also our collective failure to make hard choices

and prepare the nation for a new age.

Homes have been lost, jobs shed, businesses shuttered. Our health care

is too costly, our schools fail too many, and each day brings further

evidence that the ways we use energy strengthen our adversaries and

threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less

measurable, but no less profound, is a sapping of confidence across our

land; a nagging fear that America's decline is inevitable, that the next

generation must lower its sights.

Today I say to you that the challenges we face are real, they are

serious and they are many. They will not be met easily or in a short

span of time. But know this America: They will be met.

(APPLAUSE)

On this day, we gather because we have chosen hope over fear, unity of

purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and

false promises, the recriminations and worn-out dogmas that for far too

long have strangled our politics.

We remain a young nation, but in the words of Scripture, the time has

come to set aside childish things. The time has come to reaffirm our

enduring spirit; to choose our better history; to carry forward that

precious gift, that noble idea, passed on from generation to generation:

the God-given promise that all are equal, all are free, and all deserve

a chance to pursue their full measure of happiness.

(APPLAUSE)

In reaffirming the greatness of our nation, we understand that greatness

is never a given. It must be earned. Our journey has never been one of

shortcuts or settling for less.

It has not been the path for the faint-hearted, for those who prefer

leisure over work, or seek only the pleasures of riches and fame.

Rather, it has been the risk-takers, the doers, the makers of things --

some celebrated, but more often men and women obscure in their labor --

who have carried us up the long, rugged path towards prosperity and

freedom.

For us, they packed up their few worldly possessions and traveled across

oceans in search of a new life. For us, they toiled in sweatshops and

settled the West, endured the lash of the whip and plowed the hard

earth.

For us, they fought and died in places Concord and Gettysburg; Normandy

and Khe Sahn.

Time and again these men and women struggled and sacrificed and worked

till their hands were raw so that we might live a better life. They saw

America as bigger than the sum of our individual ambitions; greater than

all the differences of birth or wealth or faction.

This is the journey we continue today. We remain the most prosperous,

powerful nation on Earth. Our workers are no less productive than when

this crisis began. Our minds are no less inventive, our goods and

services no less needed than they were last week or last month or last

year. Our capacity remains undiminished. But our time of standing pat,

of protecting narrow interests and putting off unpleasant decisions --

that time has surely passed.

Starting today, we must pick ourselves up, dust ourselves off, and begin

again the work of remaking America.

(APPLAUSE)

For everywhere we look, there is work to be done.

The state of our economy calls for action: bold and swift. And we will

act not only to create new jobs but to lay a new foundation for growth.

We will build the roads and bridges, the electric grids and digital

lines that feed our commerce and bind us together.

We will restore science to its rightful place and wield technology's

wonders to raise health care's quality...

(APPLAUSE)

... and lower its costs.

We will harness the sun and the winds and the soil to fuel our cars and

run our factories. And we will transform our schools and colleges and

universities to meet the demands of a new age.

All this we can do. All this we will do.

Now, there are some who question the scale of our ambitions, who suggest

that our system cannot tolerate too many big plans. Their memories are

short, for they have forgotten what this country has already done, what

free men and women can achieve when imagination is joined to common

purpose and necessity to courage.

What the cynics fail to understand is that the ground has shifted

beneath them, that the stale political arguments that have consumed us

for so long, no longer apply.

MR. The question we ask today is not whether our government is too big

or too small, but whether it works, whether it helps families find jobs

at a decent wage, care they can afford, a retirement that is dignified.

Where the answer is yes, we intend to move forward. Where the answer is

no, programs will end.

And those of us who manage the public's knowledge will be held to

account, to spend wisely, reform bad habits, and do our business in the

light of day, because only then can we restore the vital trust between a

people and their government.

Nor is the question before us whether the market is a force for good or

ill. Its power to generate wealth and expand freedom is unmatched.

But this crisis has reminded us that without a watchful eye, the market

can spin out of control. The nation cannot prosper long when it favors

only the prosperous.

The success of our economy has always depended not just on the size of

our gross domestic product, but on the reach of our prosperity; on the

ability to extend opportunity to every willing heart -- not out of

charity, but because it is the surest route to our common good.

(APPLAUSE)

As for our common defense, we reject as false the choice between our

safety and our ideals.

Our founding fathers faced with perils that we can scarcely imagine,

drafted a charter to assure the rule of law and the rights of man, a

charter expanded by the blood of generations.

Those ideals still light the world, and we will not give them up for

expedience's sake.

And so, to all other peoples and governments who are watching today,

from the grandest capitals to the small village where my father was

born: know that America is a friend of each nation and every man, woman

and child who seeks a future of peace and dignity, and we are ready to

lead once more.

(APPLAUSE)

Recall that earlier generations faced down fascism and communism not

just with missiles and tanks, but with the sturdy alliances and enduring

convictions.

They understood that our power alone cannot protect us, nor does it

entitle us to do as we please. Instead, they knew that our power grows

through its prudent use. Our security emanates from the justness of our

cause; the force of our example; the tempering qualities of humility and

restraint.

We are the keepers of this legacy, guided by these principles once more,

we can meet those new threats that demand even greater effort, even

greater cooperation and understanding between nations. We'll begin to

responsibly leave Iraq to its people and forge a hard- earned peace in

Afghanistan.

With old friends and former foes, we'll work tirelessly to lessen the

nuclear threat and roll back the specter of a warming planet.

We will not apologize for our way of life nor will we waver in its

defense.

And for those who seek to advance their aims by inducing terror and

slaughtering innocents, we say to you now that, "Our spirit is stronger

and cannot be broken. You cannot outlast us, and we will defeat you."

(APPLAUSE)

For we know that our patchwork heritage is a strength, not a weakness.

We are a nation of Christians and Muslims, Jews and Hindus, and

nonbelievers. We are shaped by every language and culture, drawn from

every end of this Earth.

And because we have tasted the bitter swill of civil war and segregation

and emerged from that dark chapter stronger and more united, we cannot

help but believe that the old hatreds shall someday pass; that the lines

of tribe shall soon dissolve; that as the world grows smaller, our

common humanity shall reveal itself; and that America must play its role

in ushering in a new era of peace.

To the Muslim world, we seek a new way forward, based on mutual interest

and mutual respect.

To those leaders around the globe who seek to sow conflict or blame

their society's ills on the West, know that your people will judge you

on what you can build, not what you destroy.

To those...

(APPLAUSE)

To those who cling to power through corruption and deceit and the

silencing of dissent, know that you are on the wrong side of history,

but that we will extend a hand if you are willing to unclench your fist.

(APPLAUSE)

To the people of poor nations, we pledge to work alongside you to make

your farms flourish and let clean waters flow; to nourish starved bodies

and feed hungry minds.

And to those nations like ours that enjoy relative plenty, we say we can

no longer afford indifference to the suffering outside our borders, nor

can we consume the world's resources without regard to effect. For the

world has changed, and we must change with it.

As we consider the road that unfolds before us, we remember with humble

gratitude those brave Americans who, at this very hour, patrol far-off

deserts and distant mountains. They have something to tell us, just as

the fallen heroes who lie in Arlington whisper through the ages.

We honor them not only because they are guardians of our liberty, but

because they embody the spirit of service: a willingness to find meaning

in something greater than themselves.

And yet, at this moment, a moment that will define a generation, it is

precisely this spirit that must inhabit us all.

For as much as government can do and must do, it is ultimately the faith

and determination of the American people upon which this nation relies.

It is the kindness to take in a stranger when the levees break; the

selflessness of workers who would rather cut their hours than see a

friend lose their job which sees us through our darkest hours.

It is the firefighter's courage to storm a stairway filled with smoke,

but also a parent's willingness to nurture a child, that finally decides

our fate.

Our challenges may be new, the instruments with which we meet them may

be new, but those values upon which our success depends, honesty and

hard work, courage and fair play, tolerance and curiosity, loyalty and

patriotism -- these things are old.

These things are true. They have been the quiet force of progress

throughout our history.

What is demanded then is a return to these truths. What is required of

us now is a new era of responsibility -- a recognition, on the part of

every American, that we have duties to ourselves, our nation and the

world, duties that we do not grudgingly accept but rather seize gladly,

firm in the knowledge that there is nothing so satisfying to the spirit,

so defining of our character than giving our all to a difficult task.

This is the price and the promise of citizenship.

This is the source of our confidence: the knowledge that God calls on us

to shape an uncertain destiny.

This is the meaning of our liberty and our creed, why men and women and

children of every race and every faith can join in celebration across

this magnificent mall. And why a man whose father less than 60 years ago

might not have been served at a local restaurant can now stand before

you to take a most sacred oath.

(APPLAUSE)

So let us mark this day in remembrance of who we are and how far we have

traveled.

In the year of America's birth, in the coldest of months, a small band

of patriots huddled by nine campfires on the shores of an icy river.

The capital was abandoned. The enemy was advancing. The snow was stained

with blood.

At a moment when the outcome of our revolution was most in doubt, the

father of our nation ordered these words be read to the people:

"Let it be told to the future world that in the depth of winter, when

nothing but hope and virtue could survive, that the city and the

country, alarmed at one common danger, came forth to meet it."

America, in the face of our common dangers, in this winter of our

hardship, let us remember these timeless words; with hope and virtue,

let us brave once more the icy currents, and endure what storms may

come; let it be said by our children's children that when we were tested

we refused to let this journey end, that we did not turn back nor did we

falter; and with eyes fixed on the horizon and God's grace upon us, we

carried forth that great gift of freedom and delivered it safely to

future generations.

Thank you. God bless you.

(APPLAUSE)

And God bless the United States of America.

(APPLAUSE)

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