September 15th, 2008
02:47 PM ET
10 years ago

McCain clarifies economy comments

McCain is defending his economy comments.

McCain is defending his economy comments.

(CNN) - Hours after calling the economy ‘strong,’ John McCain appeared to clarify the comment Monday afternoon, minutes after he was derided as "out of touch" by the Obama campaign.

"My opponents may disagree, but those fundamentals of America are strong," McCain said at a campaign event in Orlando. "No one can match an American worker. Our workers sell more goods to more markets than any other on earth. Our workers have always been the strength of our economy, and they remain the strength of our economy today."

“But their efforts are not being matched at the top," he added. "From Washington to Wall Street, the top of our economy is broken. We have seen self interest, greed, irresponsibility and corruption undermine the hard work of the American people."

McCain faced criticism earlier in the day from Democrats for telling a Jacksonville crowd that, "Our economy - I think, still - the fundamentals of our economy are strong, but these are very, very difficult times."

Earlier: McCain mocked for saying economy still 'strong'

Filed under: Candidate Barack Obama • John McCain
soundoff (279 Responses)
  1. Democrat is the only way

    Well Lehman and Merril Lynch are now DONE. are no good at this are you buddy.

    September 15, 2008 01:36 pm at 1:36 pm |

    Why isn't CNN running a story on the ticker about Obama's attempt to keep our Troops in Iraq so that he can BE lauded by the anti-war sect during his administration as reported by the NEW YORK POST? Why isn't CNN reporting that his continually changing plans for the withdrawal are completely flawed and that his deadline is a complete farce???


    September 15, 2008 01:36 pm at 1:36 pm |
  3. John Doesn't Get It

    Once again, it's John McCain first, not country. He is extremely selfish and a prime example of that is putting Sarah on his ticket. What a mockery of the office of the VP

    Barack is right, he doesn't get it.

    Obama/Biden 08

    September 15, 2008 01:36 pm at 1:36 pm |
  4. Paul, NY


    You mean the borrowing of Billions of dollars from China!? Which has put America further in debt then ever before in American history..

    What McCain really means is that the WEAPONS MANUFACTURERS and the LOBBYISTS are still profiting enormously!!..Which means McBush is profiting along with all his corupt buddies in the Republican Party...!! Whilst Americas poor are getting poorer by the hour!! Sure.. For John The Economy is Still Strong! He isnt poor...

    September 15, 2008 01:36 pm at 1:36 pm |
  5. MIKE chicago

    Yes Cindy sells more beer than anyone on earth. Tell that to the birds. He cant even defend himself right. After usig sarah failing as cover now u cant even stand by ur work. From the fundamentals of the economy to the Hardworking American people. Your lies aare out McShame and how unstable minded you are. You are really out of touch and no real ideas of what average people are going through, just go ahead and retire.

    September 15, 2008 01:36 pm at 1:36 pm |
  6. Fran

    It is amazing that anyone with the ability to think clearly would entrust the economy to McCain/Palin. McCain has acknowledged that he does not know very much about the economy and Palin left the small town of Wasilla with a $22 million deficit (even after collecting millions in earmarks, and despite false claims of being a reformer). For the sake of America's future WAKE UP!!

    September 15, 2008 01:36 pm at 1:36 pm |
  7. lovinsun8

    McCain seems to be copying Obama on most of his positions...why is this??? Because Obama has the right JUDGMENT to be President.

    September 15, 2008 01:36 pm at 1:36 pm |
  8. terry

    McCain is sooooo out of touch with reality!! Obama needs to make a commercial showing that short elf-McCains buddy saying America is a nation of whiners.

    September 15, 2008 01:36 pm at 1:36 pm |
  9. Rob

    he's crazy–out of touch–doesn't know whats even going on and must have alzheimer's with all the insane things he's saying..its about time he gets taken to task for all the lies

    September 15, 2008 01:36 pm at 1:36 pm |
  10. Tainopwer

    to all American haters 6% economy is better then the past 15 years And the 3 years of community organizing from obama .If you don’t like this economy move to a socialist country and have half of your wealth given to someone else.

    September 15, 2008 01:36 pm at 1:36 pm |
  11. Proud to be American

    America can we say SPIN DOCTOR... Rove talk to your boy again he is just too much! There are truly no words to express how ignorant McSame as Bush is.... and for those of you that support him.... you are either illiterate or just bias.... meaning you won't vote for the canidate that is the best for America because he is African American... yes I said it and I know a lot of folks that believe the same ... PS he is half African American. Lets truly put Country first and shame the devil ... he is a liar.... by voting for Obama and Biden 2008

    September 15, 2008 01:36 pm at 1:36 pm |
  12. dru

    And again today Sara Palin lied to the American people about the bridge to nowhere. How is this not front page news every day that a candidate for the 2nd highest executive office in the United States will blatantly and willfully lie to the people over and over again? Do your duty, CNN and tell the American people that they are being lied to by those who wish to lead us.

    September 15, 2008 01:37 pm at 1:37 pm |
  13. Susan

    McCain–the ultimate flip flopper! He admits that the economy is not his strong point. Greenspan came out and said, flat out, that his tax cuts won't work. He will not change America in the way we need or in any way for that matter.

    September 15, 2008 01:37 pm at 1:37 pm |
  14. jm for sc

    Too late McCain,
    Your opponet is right as usual.

    My fellow voters, don't forget that one of his supporters spoke of this weak economy as a figment of our imagination.

    Obama/Biden 08

    September 15, 2008 01:37 pm at 1:37 pm |
  15. Sharon from Dumfries Virginia

    McCain is insane and we all know that he is out of touch .....this is not news we can use CNN.

    September 15, 2008 01:37 pm at 1:37 pm |
  16. Jeff

    The fundamentals are not strong at all. Baby-boomers soon to be hitting retirement and drawing both Social Security and lots of funds out of investment markets, a continuing decline in American education, increases in energy prices with no end in sight in the most energy dependent economy in the world, Asia and Europe cooperating together better than us, the worst healthcare costs in the world, a financial system in fundamental turmoil due to lack of oversight, debt as far as the eye can see without even a plan on how to pay it all off, declining wages for 90% of Americans while income for the top 1% continues to climb beyond any rational measure of their contribution, increasing cost of education and decreasing return on that investment... NO JOHN MCCAIN, THE FUNDAMENTALS ARE NOT STRONG!!!!!

    September 15, 2008 01:37 pm at 1:37 pm |
  17. Candy West Virginia

    Whatever liar! Anyway Alan Greenspan, who ran the federal reserve for a decade, said that McCain's tax plan is unaffordable and will only run our economy further into the ground.
    Mccain/Palin= pathological liars

    September 15, 2008 01:37 pm at 1:37 pm |
  18. Cathy

    McCain been saying that for the last 10 "clarifying"...ya right!!!!

    September 15, 2008 01:37 pm at 1:37 pm |
  19. Hazard, Kentucky

    McCain is positive and we need a leader with a positive outlook instead of the doom and gloom of the Democrats.

    September 15, 2008 01:38 pm at 1:38 pm |
  20. Floridian

    I noticed that today in Orlando, McCain had to "hand-off" the microphone on a question regarding the economony namely on the issue of the "fair-tax" measure.

    interesting... Can I have a president that understands the economy?


    (I earn less than 80K)

    September 15, 2008 01:38 pm at 1:38 pm |
  21. Becky

    Direct quote of John McCain:

    “The issue of economics is not something I’ve understood as well as I should."

    With the economy being the #1 issue to Americans in this election, how could you vote for John McCain? And he didn't choose a VP running mate who could help him out with this issue, either. Sarah Palin, as Mayor of Wasilla with population roughly 8000, left the town in $22 Million Debt. I don't think either of these candidates can help out our country much in these hard times.

    September 15, 2008 01:38 pm at 1:38 pm |
  22. Daryl in Seattle

    Oh don't try and twist your own words McCain. When you say the economy is strong, you mean for the wealthy. Just like when you say you aren't going to raise taxes, you mean for the wealthy. Let's hear your plan to shake up the top levels of our work force then if that's your plan? So full of it.

    September 15, 2008 01:38 pm at 1:38 pm |
  23. Tim

    Clarifing the fact that you still don't have a clue. Thanks McCain!!!

    September 15, 2008 01:38 pm at 1:38 pm |
  24. johnt

    Obama just got smacked.

    September 15, 2008 01:38 pm at 1:38 pm |
  25. Kenneth

    Behind every no so great woman is a man trying to get elected president. Maybe McCain is now having Palin advise him on the economy.

    September 15, 2008 01:38 pm at 1:38 pm |
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