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full transcript at http://www.theuptake.org
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Hyatt Regency Chicago
Chicago, Illinois
11:13 A.M. CDT
THE PRESIDENT: Thank you so much. Good to see you. (Applause.) Thank you so much. Please, everybody be seated. Thank you very much. You're very kind. (Applause.)
Let me begin by thanking Nancy for the wonderful introduction. I want to thank Dr. Joseph Heyman, the chair of the Board of Trustees, as well as Dr. Jeremy Lazarus, speaker of House of Delegates. Thanks to all of you for bringing me home, even if it's just for a day. (Applause.)
From the moment I took office as President, the central challenge we've confronted as a nation has been the need to lift ourselves out of the worst recession since World War II. In recent months, we've taken a series of extraordinary steps, not just to repair the immediate damage to our economy, but to build a new foundation for lasting and sustained growth. We're here to create new jobs, to unfreeze our credit markets. We're stemming the loss of homes and the decline of home values.
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