CBS Reporter to Obama: Has The United States Lost Influence Under Your Leadership?

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BILL PLANTE, CBS NEWS: Mr. President, like that cease-fire, you've called for diplomatic solutions, not only in Israel, Gaza, but also in Ukraine, in Iraq to very little effect so far. Has the United States of America lost its influence in the world? Have you lost yours?

PRESIDENT OBAMA: Look, this is a common theme that folks bring up. Apparently, people have forgotten that America, as the most powerful country on earth, still does not control everything around the world and so our diplomatic efforts often take time. They often will see progress and then a step backwards. That's been true in the Middle East. That's been true in Europe. That's been true in Asia. That's the nature of world affairs. It's not neat and it's not smooth.

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