(CBS) — President Barack Obama became the first sitting president to visit the campus of Northwestern University in 60 years as he delivered a speech on the economy there Thursday afternoon.
A number of local politicians were in the audience at Cahn Auditorium, including Governor Quinn, Mayor Emanuel and Senator Dick Durbin. Obama promoted the economic progress the country has made since he took office and outlined the need to invest more in technology.READ MORE: LIVE UPDATES: Chicago Sky's WNBA Championship Parade And Rally
“If we want to make and sell the best products, we have to invest in the best ideas, just like you do here at Northwestern. Your nanotechnology institute doesn’t just conduct groundbreaking research; that research has spun off 20 startups and more than 1,800 products, and that means jobs,” Obama said.