October 3rd, 2008
09:00 AM ET
6 years ago

Obama, McCain react to job loss report

Sens. McCain and Obama released statements on the job loss report Friday.
Sens. McCain and Obama released statements on the job loss report Friday.

(CNN) – Both John McCain and Barack Obama released statements Friday morning reacting to the lasts jobs report showing employers cut 159,000 jobs in September - the biggest decline in five years.
"Our nation's economy is on the wrong track," McCain said. "It is imperative that Congress act to address the financial crisis while protecting taxpayers and being good stewards of their dollars. But we must do more. "

“With three-quarters of a million jobs lost this year, and millions of families struggling to pay the bills and stay in their homes, this country can’t afford Senator McCain’s plan to give America four more years of the same policies that have devastated our middle-class and our economy for the last eight," Obama said in his statement.

Full statements from both candidates after the jump

John McCain statement:

"Today's report of another 159,000 lost jobs confirms what America's working men and women have understood for months: our nation's economy is on the wrong track. It is imperative that Congress act to address the financial crisis while protecting taxpayers and being good stewards of their dollars. But we must do more.

"America's middle class needs help from a government that is truly standing on their side and not in their way. I am committed to getting to the roots of this crisis - reforming Washington and cleaning up the mess created by the greed and crony capitalism of government-backed mortgage giants - Fannie Mae and Freddie Mac. I will reverse out-of-control spending, end the wasteful and corrupting practice of earmarks, and get the government budget back to balance. I will reform health care to control costs and better serve American families, open markets around the globe for our products, cut taxes, and expand domestic production of energy to eliminate the ability of international oil markets to hold our economy hostage. I will create jobs and get the economy on the right track.

"Unlike Senator Obama, I do not believe we will create one single American job by increasing taxes, going on a massive spending binge, and closing off markets. Our nation cannot afford Senator Obama's higher taxes."

Barack Obama statement:

“Today, Americans woke up to the sad news that 159,000 jobs were lost last month alone, making September the ninth straight month of job loss. With three-quarters of a million jobs lost this year, and millions of families struggling to pay the bills and stay in their homes, this country can’t afford Senator McCain’s plan to give America four more years of the same policies that have devastated our middle-class and our economy for the last eight. Instead of Senator McCain’s plan to give tax breaks to CEOs and companies that ship jobs overseas, I will rebuild the middle-class and create millions of new jobs by investing in infrastructure and renewable energy that will reduce our dependence on oil from the Middle East. I also call on Congress to pass an immediate rescue plan for our middle-class that will provide tax relief, save one million jobs, and save our local communities from harmful budget cuts and painful tax increases,” said Senator Barack Obama.


Filed under: Candidate Barack Obama • John McCain
soundoff (247 Responses)
  1. jeff - Dallas

    Can Palin speak without cliches? How many times did we need to be sujected to mindless references of Main Street, Mavericks, Joe Six Pack, etc?
    Golly gee, it drove me up the wall, you betcha!

    October 3, 2008 10:59 am at 10:59 am |
  2. paulie_nj

    It's funny, on nearly every issue, all Obama can do is talk about the past 8 years instead of talking about what he would do over the next 4 years, that is, if he is so lucky to steal the election using the black vote to push him over. If you read the blogs and watch the news, Obama is pushing the registration of "new black" voters instead of just "new" voters. If that's not playing the race card I don't know what is. And for those of you who don't know, Obama was not elected to the IL state senate. He got the position after disqualifying his opponents on technicalities. Guess he was afraid that he couldn't win otherwise.

    October 3, 2008 10:59 am at 10:59 am |
  3. MBFLA

    Please, if you trust McCain/ Palin to fix our economy then I've got a bridge to nowhere to sell you cheap!

    October 3, 2008 10:59 am at 10:59 am |
  4. Mark

    Palin last night...."the fundamentals are strong with the American worker". Hows that Sarah. Were bleeding jobs faster than were sucking in money from China!!! Time to start investing in American again. Forget McCain/Palin...

    October 3, 2008 10:59 am at 10:59 am |
  5. Ind.

    I don't want someone "like Joe six pack" in the white house. I'd like someone a little smarter than that. Palin didn't convince me she was smarter than that.

    Folksy is fine at my house, but not the White House.

    October 3, 2008 10:59 am at 10:59 am |
  6. EZAL

    RJ,CA

    The two other Senators in this race are also on the campaign trail and there is a Governor that has left an entire state on auto-pilot soooooooo, are you a racist or just stupid?

    EZAL

    October 3, 2008 10:59 am at 10:59 am |
  7. Cindy for NC

    Obama and Biden will do their best to put this company back on the rigtht track.

    McCain and Plain will not. Just because it looks good on the outside doesn't mean it's good on the inside.

    All that cute talk, silly stories that they spew mean nothing to me. I don't want a story teller in the White House but a President that leads.

    October 3, 2008 10:59 am at 10:59 am |
  8. Anonymous

    Winking and "shout-outs"? Really? Was this a VP debate or student council?

    Palin reminds me of the vaguely attractive girls in high school that can't win on points, so they try to flirt with the judges.

    October 3, 2008 11:00 am at 11:00 am |
  9. Sam

    Can any one tell why Mccain pulled out of Michigan today??? Do you think his campaign has a lot to be concerned about in other key battleground states?????

    October 3, 2008 11:00 am at 11:00 am |
  10. gl@m_girL

    To: The Nightingale Sings in Berkley Square, and RJ in CA, I personally think you two are some complete idiots. I can not tell or recommend to you who you should vote for, but in my opinion, I don't think John McCain and Sarah Palin are right for this country. I know what it feels like not to have much and to struggle, and I don't think those two can relate to the general americans and their everyday lives. Times are hard right now, and those with money and power, do not understand what Barack Obama nad Joe Biden is trying to do for us. He wants to help us, and I don't believe that John McLAME and Sarah FAILIN understand what it's like in the REAL WORLD. Sarah could not answer any questions last night, she only said enough to "get by." That's not fair. And some of acutally think she is qualified to run this country. Shame on you. They will only make things worse.
    OBAMA/BIDEN '08!

    October 3, 2008 11:00 am at 11:00 am |
  11. jpm

    The sadest moment of the debate was when Palin's baby was brought out front. I had a cousin with Down syndrome and his parents devoted their life to him. This child is hauled around like a sack of potatoes and handed over to the little girl after a few pats from his mom. Keep him at home and take care of him as he should be,don't use him as a political ploy.

    October 3, 2008 11:00 am at 11:00 am |
  12. GERRY

    LAST NIGHT WAS AWESOME !!!!! SARAH PALIN EVIDENTLY LISTENED TO HER COACHES, THAT WAS OBVIOUS HOWEVER, SHE IS NOT AND WILL NOT BE READY TO BE IN THE WHITE HOUSE. SURE, IF THERE IS A "WHITE HOUSE" IN WASILLA, SHE'LL BE THERE.
    THIS GAL HAS A MAJOR EGO PROBLEM, NO DOUBT, SHE IS NOT AND WILL NEVER BE IN MY BOOK READY FOR THE BIG TOWN.
    SHE NEEDS TO STAY IN ALASKA, VISIT THOSE NICE PEOPLE NEAR THE BERING STRAIT AN LOOK AT RUSSIA WITH THEM. SHE'S NEVER SEEN THEM, THEY DON'T EVEN KNOW WHO SHE IS. IT'S VERY OBVIOUS TO ME THAT JOE BIDEN IS READDDDDDDDY!!!!!

    October 3, 2008 11:00 am at 11:00 am |
  13. CNN pro mcain

    *Palin Winks Just Like G.W Bush.

    *Palin Wants More Power Just Like Dick Cheney.

    *Palin Can't Pronounce Nuclear.( she says New Killer), Just Like Bush.

    *Palin Lies Like There Is No Tomorrow.(Just Like Bush)

    *Palin Wants Tax Break For Oil Copmaines, and The Rich.

    and the list goes on and on.

    I mean you really must have liked what's been happening in the last 8 yrs to vote for a the same!!!!!

    October 3, 2008 11:00 am at 11:00 am |
  14. MD, TX

    I wonder how many more jobs will be lost due to Harry Reid's soundbite which distroyed over $ 100 B in market value of the nation's insurance companies.

    Harry Reid, Nancy Pelosi, Cris Dodd, Charlie Rangel, Chuck Schumer and their ilk are the ones that should be unemployed.

    October 3, 2008 11:01 am at 11:01 am |
  15. Tom

    I cant understand how anyone in their right mind could vote for 4 more years of this

    October 3, 2008 11:01 am at 11:01 am |
  16. Casey

    Our economy is on the wrong track??? How dare John McCain say that about the American workforce. Everyone knows that we have the American worker is the backbone of the American economy. John McCain must not think so.
    ;-)

    October 3, 2008 11:01 am at 11:01 am |
  17. Former Hillary supporter

    Obama voted "Present" 130 times when he was in Illinois Senate. He voted to increase taxes over 90 times and 97% he voted for his party. Vote for him is vote for a bridge to NO WHERE!
    Do we need another idiot in the White House? Americans are not stupid!

    NOOBAMA!

    October 3, 2008 11:01 am at 11:01 am |
  18. Biff

    "Can I call you Joe"
    "Maverick"
    "you betcha"
    "raise taxes"
    "surrender"
    "joe-sixpack"
    "tax and spend"
    "not gonna answer 'your' questions... gonna talk to Amaaarican"
    "hockey-mom"
    "to quote reagan".....

    (sigh.... are you guys REALLY gonna fall for this.... AGAIN??)

    October 3, 2008 11:01 am at 11:01 am |
  19. Mystified American Woman

    It makes me sad to see how many people thing Palin actually did well. We are SMART America!! This is not a game, this is not a popularity or Beauty contest – this is the PRESIDENCY. Speaking as a woman – she is NOT who I want representing history for my gender -it will be humiliating. Obama and Biden are the only serious vote we have!

    October 3, 2008 11:01 am at 11:01 am |
  20. Dale

    $700 Billion $$ BAIL OUT (not rescue plan)
    Absolutely will not work past a short term fix. Because, Americans keep losing job ...month after month after month.
    So, you giving $700 billion to Wall Street to "Free up credit market"

    I for one will not be rushing out to get a loan in this market.

    When this does not work....DON'T you government elitist even dare concider taking more of our $$ to save your buddies on Wall Street......If you do you risk a flat out rebelion by the people!

    You have been robbing us for far too long!

    October 3, 2008 11:01 am at 11:01 am |
  21. Dan

    John you cannot run with the hope of winning, on a sinking GOP Bush policy ship! Try as hard as you might, you still voted 95% of the time with Bush, and look where it's gotten this country! People that are still considering voting for you are either clueless, or still hung up on the color of Obama. And those folks better hope that Jesus doesn't come with color. All indications are that he is dark skinned!

    October 3, 2008 11:01 am at 11:01 am |
  22. Average American

    McCain's policies and agenda which parallels Dubya's is the cause of job losses in America.

    Hand the presidency over to McPalin and we will experience much greater economic disaster in our nation.

    October 3, 2008 11:01 am at 11:01 am |
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