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. MLH

    Calling that a clarification is like – is like – is like putting lipstick on a PIG. The guy didn't know what he was talking about to begin with, and confirmed that with his 'clarification.' The quality of 'the American worker' (as if we were all simply interchangeable parts) has nothing to do with the fundamentals of the economy.

    September 15, 2008 01:50 pm at 1:50 pm |
  2. The Conservative

    Here we go again, McBush trying to get his foot out of his mouth. This guy is a disgrace to America. I wonder what other world leaders are saying about him?

    Obama-Biden 08

    September 15, 2008 01:50 pm at 1:50 pm |
  3. Melvin


    September 15, 2008 01:50 pm at 1:50 pm |
  4. Tonya, Richmond, VA

    And this is the guy people want as President?


    Please get over the fact that Obama is a man of color and VOTE FOR HIM!

    Youll be sorry if you dont.

    September 15, 2008 01:50 pm at 1:50 pm |
  5. Tracy - Oakley, CA

    He didn't get the memo...we are in a financial crisis old man..

    September 15, 2008 01:50 pm at 1:50 pm |
  6. Dilbert

    I don't know many people in my state that are being laid off , and firms are still hiring. So anecdotally, the economy is still strong.

    Also, since when is an investment bank the bellwether for the economy? Guess what? M&As, IPOs, originations, they just gets picked up by another firm. Zero sum game as I see it.

    September 15, 2008 01:51 pm at 1:51 pm |
  7. Kurt

    McCain refers to everybody as "My friends". . It's like he's tryijng to sell me something I don't need.

    September 15, 2008 01:51 pm at 1:51 pm |
  8. Mark G

    I'll be sure to tell all of the people who come through my office who are trying to find work...any work that the economy is strong. I'll be sure to tell the ones who have to borrow money or a ride to get to work because they don't have gas money that the economy is strong. I'll sit them down and explain to them that the fundamentals of our economy are strong, and the only problem is the people at the top...CEO's and politicians...I'm sorry who's been in power for the last 8 years? Who is giving tax breaks to large companies, including oil companies who are making RECORD profits?

    Don't worry...I'll be sure to tell them the truth!

    September 15, 2008 01:51 pm at 1:51 pm |
  9. suzyku

    I cannot believe that the American people are "dumb" enough to actually fall for the lies and trickery of McSame/Cheney Clone ticket! The media needs to do it's job by exposing the constant lies of these two! IF they don't this country may be doomed!

    September 15, 2008 01:51 pm at 1:51 pm |
  10. E

    our economy is based entirely on enormous debt. How can that possibly be "strong" ?

    Maybe is McCain knew how to access the internet he would actually be able to be informed about the state of the economy. Maybe if he actually had an education in law or economics he would be able to understand the complex issues that he votes on everyday.

    Instead he just follows he pack and spouts the same rhetoric as Bush and Cheyney and whatever lobbyist is whispering in his ear!

    September 15, 2008 01:51 pm at 1:51 pm |
  11. Justin in CA

    You mean were not just a nation of whiners. Thanks my friend

    September 15, 2008 01:51 pm at 1:51 pm |
  12. Audrey

    This is the same John McCain who was part of the Keating 5 (which was the collapse of the Savings and Loan Financial Markets during the other George Bush). You didn't reform or change anything during that period – why would anyone believe that you would do anything this time. You have regulators in this Country, but the overseers are this George Bush's friends (which means they don't have the expertise) and why would they oversee anything which means the rich people are getting their perks, salaries, stock options, etc.

    People get a grip – McCain and Company are part of the problem not part of the solution.

    September 15, 2008 01:51 pm at 1:51 pm |
  13. philm

    Which did McCain actually say? The "fundamentals of our economy are strong", or our economy is fundamentally strong? Do we need to change the "fundamentals?" Or do we need to get back to an economy based on effective fundamentals?

    Should our economy be one that is controlled by our government? Or should our government be controlled by our economy? Perhaps less economy could mean less government; I would go for that.

    September 15, 2008 01:51 pm at 1:51 pm |
  14. peggy

    How can he say these dumb things with 0ut a sliver of truth?He says that the workers of America is what makes this economy strong,Duh!
    Remind me again how many of those workers are out of jobs!

    September 15, 2008 01:51 pm at 1:51 pm |
  15. Dan


    from the numbers I've seen you'd actually pay less under Obama's tax plan.

    September 15, 2008 01:51 pm at 1:51 pm |
  16. Why??

    Why are people even thinking of putting another Republican in the office??? Why??

    September 15, 2008 01:51 pm at 1:51 pm |
  17. Kenn

    I think this country is doomed. McCain is winning and he thinks the economy is strong. I wish people would snap out of it.

    Wake up America!!!

    It's time for a CHANGE (Not the McCane Change).

    September 15, 2008 01:51 pm at 1:51 pm |
  18. Paula

    Ever heard of Alan Greenspan MacCain?-maybe he will tutor you.

    September 15, 2008 01:51 pm at 1:51 pm |
  19. Anonymous

    Hazard, Kentucky September 15th, 2008 1:38 pm ET

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

    Stick your head in the sand a little more.

    September 15, 2008 01:51 pm at 1:51 pm |
  20. Spencer from VA

    Maybe his running mate should be at the top of the ticket.......NOT!!!!
    GOP, you should've picked Romney.

    September 15, 2008 01:51 pm at 1:51 pm |
  21. Lynne - Seattle WA

    If the top of the economic food chain is broken, it effects those of us at the bottom of the economic food chain.....we get the fuzzy end of the economic lolly pop!

    How stupid does McCain think we "average" Americans are?

    September 15, 2008 01:52 pm at 1:52 pm |
  22. MW Georgia

    MacSane must really think the American People are realy really STUPID. And this coming from someone who pulled a vp ahahah a rabbit ahahah I mean a pit bull with lipstick out of a hat. heeeeeee.

    September 15, 2008 01:52 pm at 1:52 pm |
  23. Ken

    I am starting to get really fed up with the Obama team smearing McCain/Palin! Obama is running scared and realizes that because McCain chose Palin for his VP, it has taken the thunder out of the Obama team.

    McCain/Palin IS quite aware of our country's situation. I believe that they have a better knowledge of what is going on than the Obama team does.

    Obama will say anything now to try and over come Palin. Why is he so afraid of Palin? I thought he was supposed to be fighting for the top of the ticket. Maybe the democrats need to have Hillary Clinton as the Presidential candidiate, and then put Obama as the VP.

    I am one of many Hillary Clinton supporters that is going to vote for McCain/Palin instead of sitting out this election.

    McCain/Palin 2008

    Hillary Clinton 2012

    September 15, 2008 01:52 pm at 1:52 pm |
  24. BHO: Ignorance is Bliss

    There isnt much we can do about Lehman, truth be told it was the Fair Housing act and other ways to try to get poor people in their own houses that created this crisis, and when we piled all ultra low interest rates we created our own storm... now we have to clean it up and live with it...

    September 15, 2008 01:52 pm at 1:52 pm |
  25. John

    Nice triy McWar. Just go away and retire

    September 15, 2008 01:52 pm at 1:52 pm |
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