OBAMA: "And think about it. When one of these companies comes out with a new smartphone and it had a few bugs, what do they do? They fix it. They upgrade — unless it catches fire, and they just — (laughter) — then they pull it off the market. But you don’t go back to using a rotary phone. (Laughter) You don’t say, well, we’re repealing smartphones — we’re just going to do the dial-up thing. (Laughter) That’s not what you do."