From Transcript: G-20 News Conference By President Obama:
I just think in a world that is as complex as it is, that it is very important for us to be able to forge partnerships as opposed to simply dictating solutions. Just a -- just to try to crystallize the example, there's been a lot of comparison here about Bretton Woods. "Oh, well, last time you saw the entire international architecture being remade." Well, if there's just Roosevelt and Churchill sitting in a room with a brandy, that's a -- that's an easier negotiation. (Laughter.) But that's not the world we live in, and it shouldn't be the world that we live in.
And so that's not a loss for America; it's an appreciation that Europe is now rebuilt and a powerhouse. Japan is rebuilt, is a powerhouse. China, India -- these are all countries on the move. And that's good. That means there are millions of people -- billions of people -- who are working their way out of poverty. And over time, that potentially makes this a much more peaceful world.
And that's the kind of leadership we need to show -- one that helps guide that process of orderly integration without taking our eyes off the fact that it's only as good as the benefits of individual families, individual children: Is it giving them more opportunity; is it giving them a better life? If we judge ourselves by those standards, then I think America can continue to show leadership for a very long time.
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