Transcript: Vice President Joe Biden's DNC Speech

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As I mentioned at the outset folks--four years ago, Americans we were hit hard. You saw your retirement accounts drained, the equity in your homes vanish, and your jobs lost or on the line. But you did what Americans have always done. You didn't lose faith. You fought back. You didn't give up. You got up. You're the ones bringing America back. You're the reason why we're still better positioned-- than any country in the world--to lead the 21st century.

You never quit on America. And you deserve a President who will never quit on you. And one more thing that our opponents are dead wrong about: America is NOT in decline.

I've got news for Governor Romney and Congressman Ryan, it has never, never, ever, been a good bet to bet against the American people.

My fellow Americans, America is coming back and we're not going back! And we have no intention of downsizing the American Dream.

In a moment you're going to hear from a man, whose whole life is a testament to the power of that dream. And whose Presidency is the best hope to secure that dream, for our children.

We see a future where everyone rich or poor does their part and has a part.

A future where we depend more on clean energy from home and less on oil from abroad.

A future where we're #1 in the world again in college graduation.

A future where we promote the private sector, not the privileged sector.

And a future where women control their own choices, health, and destiny.

A future where no one—no one—is forced to live in the shadows of intolerance.

We see a future where America leads not only by the example of our power, but by the power of our example. Where we bring our troops home from Afghanistan, just as we brought them home from Iraq.

And a future where we fulfill the only truly, sacred obligation we have as a nation--to equip those we send to war and care for them when they come home from war.

Where we acknowledge the incredible debt we owe to the families of the 6,473 fallen angels and the 49,746 wounded. Thousands, critically wounded.

We must never forget their sacrifice and always keep them in our care and our prayers.

My fellow Americans, we now find ourselves at the hinge of history. And the direction we turn is in your hands. It has been an honor to serve you, and to serve with a President who has always stood up for you.

As I've said, I've seen him tested. I know his strength, his command, his faith.

I also know, the incredible confidence he has in all of you. I know this man. Yes, the work of recovery is not yet complete, but we are on our way.

The journey of hope is not yet finished, but we are on our way. The cause of change is not fully accomplished, but we are on our way. So I say to you tonight, with absolute confidence,

America's best days are ahead of us, and, yes, we are on our way.

In the light of that horizon, for the values that define us, for the ideas that inspire us, there is only one choice. The choice is to move forward, boldly forward. Finish the job we started and re-elect President Barack Obama.

God bless you and may God protect our troops.

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