I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.

Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit.

When you look at the actual data on technological innovation, one thing you see is that what I call the 'low-hanging fruit' has been exhausted. So radio, flush toilets, electricity, and automobiles - a lot of very basic inventions - have spread to almost all households.

The iPhone is made on a global scale, and it blends computers, the Internet, communications, and artificial intelligence in one blockbuster, game-changing innovation. It reflects so many of the things that our contemporary world is good at - indeed, great at.

There is too much blind partisanship in Congress, which has blocked progress on critical issues. Too many members view compromise as weakness rather than the essence of our democracy. This has to end.

I expect that after the election and the results that the international community will understand which was the framework of this process and under which law we have done this process.

Democracy and socialism are means to an end, not the end itself.

Government will not fail to employ education, to strengthen its hands, and perpetuate its institutions.