"Ultimately, what ISIL represents is a blind alley for the region, and people will recognise that, the same way that over time they turned on Al Qaida because they saw that this doesn't lead anywhere," Obama said.
"I am absolutely confident we will have defeated ISIL. I don't think we have to wait until they (daughters) are 54 for that to happen," Obama said in response to a question if he believes his daughters in future will be living in a world that is dealing with the threat of radical Islam on a daily basis.
"We are still battling terrorism. People are still recovering from some of the economic blows that hit. And it is sometimes important for us to step back and take measure of how far we've come," he said.
"The economy right now is doing better than any other economy in the world by a significant margin. We remain the strongest nation on earth by far, and there are no existential threats facing us. But if we make some good choices now, whoever the next president is, whoever is controlling the next Congress there, there's no reason why we shouldn't own the 21st century," Obama said.
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