(CNN) — Speaking to reporters in Chappaqua, New York, Bill and Hillary Clinton emphasized the tall order facing Barack Obama if he wins the presidency, and reflected on parallels between this year's race and President Clinton's own 1992 run.
"It’s got a lot of parallels to 1992, in the sense that the economy is in trouble and all that," Bill Clinton said. "But the difference is that it’s coming after eight years, six of which had the Republicans in control of both the White House and the Congress."
"I think most people understand this is not just a choice between candidates –- it’s a choice between philosophies," He said. "That’s going to be the fundamental significance, and our party tomorrow will wake up with an enormous responsibility, but a profound responsibility."
Hillary Clinton also conveyed confidence in the Democratic ticket and Party—emphasizing the vital need to work across party lines moving forward.
"It's going to be really hard, but I think everybody's up to the task and we're gonna roll up our sleeves and we're gonna get to work," said the New York senator.
"I think that the country will be well served. I'm not painting any rosy scenarios," she said. "It's going to be very difficult to dig ourselves out of the ditch that the Republicans are gonna leave us in, but we'll do it, and I'm very confident about that."