Exactly what I was thinking. Obama is talking about not getting to graduate the way one thought because the last few months interrupted. He is talking about his presidency being interrupted by Trump.
He advocates for now for socialism, and uses persuasion that "growing up" is up to "you" to those he is talking to. A call to action and justification to take power:
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Don't be afraid. Young people will make things better.
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Do what you think is right, ground yourself in values that those older than you, even when it's hard and inconvenient
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Build a community. Obama and Michelle will fund it, but you don't need us class of 2020, you are already leading.