10/11/2012 03:19 pm ET Updated Dec 11, 2012

The Biden Opening Statement That Destroys Ryan & Romney

Transcript from Vice-Presidential Debate, Oct. 11, 2012

Vice-President Biden:

"Thank you. Let me begin by pointing out some facts. Last month's job report showed that unemployment is at its lowest level in four years. Last week's unemployment numbers, just out today, were the strongest weekly numbers in more than four years, since George W. Bush was president.

Our economy is not strong enough, not yet. But it is undoubtedly getting stronger. It is stronger than it was when Barack Obama took office. And it is far, far stronger than it would be if we had continued to follow the Republican policies of George W. Bush, the policies that brought us to the brink of another Great Depression. But it was the policies of Barack Obama that brought us back from that brink, that brought us to the stronger economy we now have. Folks, this is not about blaming President Bush, it's about learning from our mistakes. Mitt Romney and Paul Ryan think we should go back to the failed Republican policies of the past. Barack Obama and I know that our country is better off than we were four years ago. We won't let Mitt Romney take us backward. We're going forward."