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. Hey McCain- Thanks but no thanks

    Joe Biden gave a wonderful VP performance but more than that he gave a clear vision for his campaign. He was able to articulate an ideology as a VP should clearly be able to do… A VP should be able to carry a resounding coherent message and Joe did that eloquently!

    As for Sarah, of course her campaign made sure that expections for her were so low that all she needed to do was to give a theatrical performance which she has shown she can do but her words and ability to clearly articulate a vision was non-existent!

    her supports will continue to support her for whatever reasons they give themselves but for any of those more intelligent people watching she clearly is unfit to be a VP!

    October 3, 2008 09:54 am at 9:54 am |
  2. zayin121

    Obama by far seems to be better candidte, there is no way that Mc Cain can apply the significant that is needed by many disadvantaged people in America. America is going to choose Obama and they should hold him to his words. Change is a natural process but at most times it must be done forcefully. The fire burns the old so that the neww can grow. Obama is new. Until this situation is resolved for the people a war crisis could take place internally in America. With America having war within itself this will allow a greater opportunity for the enemies they have created to gang up and crush them. America your vote is crucial. I vote Obama!!

    October 3, 2008 09:54 am at 9:54 am |
  3. Julie Gabriel

    Biden clearly won the debate – I was in the middle of the road but now I only clearly on Obama/Biden side – Palin did not answer the questions – if McCain do not not have any answers and Palin do not have any answers – Who is going to run the white house if they are elected????
    Palin was disrespected Gwen – when she said she was not going to answer the question as they were ask of her – this made me lean towards believing all the charges that is binding.....this show she is going to do what ever Palin wants to do...she said the same thing over and over regardless what the question was.....We need substance; especially now..silliness and been attractive is not going to cut – Hack I am attractive but that do not mean I can be the Nations VP....

    October 3, 2008 09:55 am at 9:55 am |
  4. FLewis

    You go Obama.....YOU ARE SO CORRECT.

    October 3, 2008 09:56 am at 9:56 am |
  5. ME

    Poor, poor CNN.....all your dem pundits were just sitting there last night waiting to pounce on Palin, again.....Campbell Brown was ticked off that she couldn't...,Paul Begala, what a JOKE he's turned into (he's just ticked off that his friend Hillary has been outshined by Palin)...The media needs to take a lesson...try all you want to destroy Sarah Palin...YOU CAN'T DO IT. Last night she PROVED you all put out such lies and distortions about her and tried your best to underhand everything she's accomplished, She PROVED you have such bias against her and want your messiah to win. UNEDITED SARAH PALIN IS BRILLIANT.....there you go again, Joe......

    PS....hey America, STOP LIVING BEYOND YOUR MEANS!!!!!

    October 3, 2008 09:56 am at 9:56 am |
  6. Pat from Cali

    Somebody called Joe Biden a "cry baby" in one of the blogs. Phil Gramm called us a country of whiners.

    Biden showed that he really cares. He showed more feeling than Palin. She didn't show any emotions last night, just that fake smile and "perkiness".

    A lot of people are crying right now over losing their jobs, losing their homes, losing equity in their 401k, losing everything.

    America in bankrupt! If Palin/McCain take over the White House, we'll all be crying, too.

    Obama/Biden '08

    October 3, 2008 09:56 am at 9:56 am |
  7. Jim in NYC

    Common Sense-The Republicans had the House and the Presidency for six full years. What great accomplishments or potential pitfalls did they to catch or help to avoid?
    The Democrats gained majority for the last two years. That is supposedly when Everything started going south. They rewrote everything and changed it all overnight ...yeah right!
    Two years of partial control compared to Six of majority control. That is not Fuzzy math to me!

    Not again,
    Obama/Biden in 08!

    October 3, 2008 09:57 am at 9:57 am |
  8. Justyne

    Palin's way of speaking and answering the questions is unprofessional. Her "i'm a cute hockey mom" style of talking makes her look like an idiot. Compare her way of trying to win the public with winks and stupid smiles to the way someone like Nancy Pelosi speaks. Nancy Pelosi is direct to the point, confident, and doesn't try to win people over with cuteness. Palin is a joke all around, and needs to go back to Alaska.

    October 3, 2008 09:57 am at 9:57 am |
  9. lyn

    McSame you and the Republicans cause this mess,while you with with your 8 houses ,13 cars don't care a dam about us who is struggling each day to make ends meet._____ Obama & Biden will get America back where it was 8yrs ago.

    October 3, 2008 09:59 am at 9:59 am |
  10. Mark, Ohio

    The focus of this election will remain the economy – and only the economy.

    That makes it close to impossible for McCain to win – in my oppinion he should rework his economic plan so that it really differs from Bush's.

    October 3, 2008 09:59 am at 9:59 am |
  11. Hal, Redondo Beach, CA

    Hey don't worry about losing your job you can get one cleaning the 14 bathrooms in McCain's former mansion. Maybe you can earn a little overtime cleaning the monogrammed fireplace mantles.

    Between McCain's dierct appeal to greed and the Ball of Fluff every good, self-serving, Republican can find something to vote for.

    At least they won't have to put up with someone of intelligence or character (insert elitiist for GOP ads) talking down to them.

    October 3, 2008 09:59 am at 9:59 am |
  12. Joe saw FDR on TV in 1929

    This hasn't happened during the first 6 years of Bush, so quit saying the last 8 years are ecomomic policies of failure. Things were good for most of his 2 terms, but the housing crisis, which DEMS helped cause, has been the catalyst. And the war has caused financial problems too, but don't say the tax cuts and economic policies have caused all of these current problems. WAKE UP!! Obama's policies will make things worse though.

    October 3, 2008 09:59 am at 9:59 am |
  13. Republicans= Me First Country Last

    off topic but

    CNN thank you for posting your fact checks on the ticker!!!!!!

    I'm glad somebody in the media actually cares about the facts!

    October 3, 2008 10:00 am at 10:00 am |
  14. N.S of Huntsville, Al

    That job lost should be enough for you die hard Republicans who love drama, more than you love reality. The fact is the Economy is gone, jobs are lost, and McCain just wants to help the rich. And His health plan is awful. He McCain is awful

    Obama? Biden

    And Sarah Palin would fail if she was debated in College, she didn't andwer any questions. She must be rekated to Bush.

    October 3, 2008 10:01 am at 10:01 am |
  15. brian

    Obama wins.

    October 3, 2008 10:01 am at 10:01 am |
  16. Tom Swift, Shopton USA

    `
    ""Our nation's economy is on the wrong track," McCain said"

    2 weeks ago the "fundamentals" were "strong". How can that be if the economy is on the wrong track?

    This is the Bush/McCain economy, if it is on the wrong track it is because McCain sised with Bush 90% of the time over the last 8 years.

    Hey, why isn't Todd Palin out there campaigning? He is making us men look bad, when Jill Biden, Michelle Obama & Cindy McCain can get out there on their own and mix it up for their spouses. C'mon, Todd.

    `

    October 3, 2008 10:01 am at 10:01 am |
  17. Independent, white woman

    So what's Mccain saying this morning? The fundementals of our economy are strong? ha! give me a break!!!! Mccain is on his way out of every swing state and Obama is just taking more comfortable leads, all because Mccain was so out of touch just a couple of weeks ago before all hell broke loose. Mccain needs to sit still in at least one of his 9 houses and watch CNN so he can get in touch with what is going on in America, or at least turn the XM radio channel 122 and listen to CNN on Sattellite in one of his 13 cars and hear what regular american folks are going through. Get in touch Mccain!!!

    October 3, 2008 10:02 am at 10:02 am |
  18. HyperD

    Obama and Biden will definitely change this trend. Last night BIDEN definitely WON the debate, he blasted and lectured Palin. Biden overshadowed her and look much more knowledgeable about all issues. Just because she "survived" doesn't mean she did well. Not at all!!! She looked like a college student. l just managed to dodge the questions, generalize and smile. She only did good giving non-answers, reciting memorized answers, and winking. Pathetic. SHE is definitely NOT PREPARED to be a VP. BIDEN will be a great VP.

    October 3, 2008 10:03 am at 10:03 am |
  19. MEP

    Whose fault does John McCain think these job losses are? Isn't he the head of the Republican party now? He has to man -up and shoulder some responsibility here. Does he know what maverick means– it does not mean voting for an extra billion $ in earmarks after going after earmarks last week and earlier yesterday as if they were the icons of corruption in Washington. He voted for the Bailout bill.

    October 3, 2008 10:03 am at 10:03 am |
  20. James From Chicago

    OBAMA is right on the money. McCains pick for VP tells me alot
    about his judgement, that's why you cannot trust what McCain is saying. Can you imagine Palin as President after seeing her in
    the debate last night. GOD FORBID.

    October 3, 2008 10:03 am at 10:03 am |
  21. victim

    @WELCOME TO THE OBAMA SHOW October 3rd, 2008 9:36 am ET

    " SHE IS THE MOST HONEST PERSON "
    _____________________________________________________
    ummmm? what? are you on medication or something?

    -"i said thanks but no thanks to that bridge to nowhere"-Palin
    -"Obama wants to raise your taxes"-Palin
    -"we are a couple of mavericks"-Palin
    the list of lies goes on....oh yeah, PALIN IS UNDER INVESTIGATION!!!!!
    thats one thing Palin and McCain have in common, she has Troopergate and McCain has Keating5...shes honest, bwaaaahhhhaaaaaaa thats rich

    October 3, 2008 10:04 am at 10:04 am |
  22. Glenn; North Carolina

    This is another reason that we need to ensure our House representatives know that they must vote NO on the now $850 billion dollar pork barrel laden bailout bill. If you dropped the 450 pages into hot oil, you'd get pork rinds it's now so full of pork! Although I may be a white guy over 40 from the south, we all don't want to eat $850 billion dollars worth of pork rinds!

    No Bailout, No Exceptions! Wall Street dug this hole, let them work it out without "We the People" footing the bill!

    October 3, 2008 10:04 am at 10:04 am |
  23. Democrat for McCain

    Vote Republican and save your job.

    Palin was a breath of fresh air last night. Haven't we had enough of these career politicians that the Democrats always seem to drum up? McCain/Palin is the real change America needs

    October 3, 2008 10:04 am at 10:04 am |
  24. ajap

    Mcbush is wrong and very issue from ecomomic ,foreign policy ,to the vp pick .saet down old man and listen or just move in any of your seven houses and geo lost

    October 3, 2008 10:04 am at 10:04 am |
  25. Independant, Dallas TX

    John McCain was all about "experience" until that wasn't going to get him elected. So he shamelessly copies off Obama and suddenly he is the agent of "change".

    How can anyone in the country believe that this man, who is an integral part of the Bush government that has brought us to the point of financial ruin and 159,000 jobs lost in September, will suddenly be fighting all he has ever stood for? How can anyone in the country believe that he is somehow miraculously now one of the guys fighting this rather than an integral part of the cause.

    America ... PLEASE ... this is ludicrous. How can we be falling for this? Just because McCain says something, it doesn't make it so.

    October 3, 2008 10:05 am at 10:05 am |
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