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Biden praises Obama's 'courage to make the tough decisions' (+video)

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"This man has courage in his soul, compassion in his heart and steel in his spine," Biden said, drawing the crowd to its feet. "And because of all the actions he took, because of the calls he made, because of the grit and determination of American workers, and the unparalleled bravery of our special forces we can now proudly say what you've heard me say the last six months: Osama Bin Laden is dead, and General Motors is alive."

In the crowd, several delegates held up bumper stickers with versions of that slogan.

But with stubbornly high unemployment and the economy the driving factor in the presidential race, Biden acknowledged many Americans were not yet feeling things had improved since Obama won the White House in 2008. He asked for patience.

"Yes, the work of recovery is not yet complete, but we are on our way," Biden said. "The journey of hope is not yet finished, but we are on our way. The cause of change is not fully accomplished, but we are on our way. So I say to you tonight, with absolute confidence, America's best days are ahead, and, yes, we are on our way."

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