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. angelo

    Palin spoke like a high school teacher. Sorry people, but that is not who I want leading this country. I don't want some average person making critical decisions about issues she can't even comprehend. Bill Clinton was a Rhode Scholar, Bush had a C average. You see the difference when you have an idiot running the country.

    October 3, 2008 10:46 am at 10:46 am |
  2. Republicans Hate America

    The democrats have run the show for two years with a veto happy president and a republican minority that uses filibusters they promised would never do.

    October 3, 2008 10:47 am at 10:47 am |
  3. Missouri

    OBAMA is OUR HOPE, folks. McCain said a long time ago that economics, the economy, wasn't his strong point. He has proven it.

    ENOUGH SAID!!

    CONGRATULATIONS JOE BIDEN!!!! You were GREAT last nite.
    CONGRATULATIONS BARRACK OBAMA!!!! You had GREAT Judgement in dhoosing JOE BIDEN for our VP, too.

    October 3, 2008 10:47 am at 10:47 am |
  4. No McSame

    McCain wants to help the top 5% of the people. He's taxing the poor to help the few.

    He's out of touch as he's only surrounded by the waaaay wealthy ones.

    Obama/Biden 08!

    October 3, 2008 10:47 am at 10:47 am |
  5. Len

    Both candidates say they want change, but wanting it and getting it are two different things in Washington. The real change we need is one of attitude with Congressmen, who have been owned by special interests for years. Congressmen do everything to please the lobbyists, take their money, and spend a good portion of it on brainwashing their constituents into believing they have their interests at heart.
    No wonder very few pleople trust their motives regarding the bailout plan.

    October 3, 2008 10:47 am at 10:47 am |
  6. lil

    We cant get jobs on a wink and a nod. We need real change not just
    talking we need action.
    What is mccainpalin going to do about the economy. Wink and nod.

    October 3, 2008 10:48 am at 10:48 am |
  7. SENATUS POPOLUSQUE ROMANUS

    How can McCain say with a STRAIGHT FACE "I am committed to... reforming Washington and cleaning up the mess created by the greed and crony capitalism..." at the same time he knows nothing about economics and when he relies so heavily on the crappy nonsense that comes from the mouth of former Sen GRAMM who was the architect of de-regulation?

    Does McClown think we are all that STUPID???

    October 3, 2008 10:48 am at 10:48 am |
  8. yvonne Thacker

    I thought joe biben did a great job in the debate last night.
    he and sen.Obama have my vote.
    Sara palin try to be to cute when she is asked a Question she does not know the answer to.
    someone should tell her this is serious times and the winking and youbetach you just doesnt go over at all. Sen biden gave answers that anyone can understand. thank you senObama and sen Biden
    you make a great team

    Yvonne.

    October 3, 2008 10:48 am at 10:48 am |
  9. Newsflash! Putin Invades Alaska's Airspace Between Palin's Ears

    McCain/Palin response: You bet'cha! In what respect, Charlie? We'll get right back to ya! (Then both wink and blow kisses to cameras.) GAWD AWFUL!

    October 3, 2008 10:48 am at 10:48 am |
  10. TexasVet

    HYPER D,

    People like you scare me to death. You don't seem to learn from your experiences and you see what you want to see. It's really sad that you and people like you will decide the fate of our soldiers and future of our country. What's really so disturbing is there are so many of you. Really sad, and scary. Look if you guys and gals like this chic so much BE HER PIN PAL but please don't elect her into office. She is NOT PREPARED!

    God help us all of you guys elect these people because you can relate to them...AGAIN!!!!!!!!!!!!!!!!

    October 3, 2008 10:48 am at 10:48 am |
  11. Reality

    WHAT IS OBAMA ACTUALLY GOING TO DO? WHAT DOES HE ACTUALLY PROPOSE? EMPTY RHETORIC DOES NOT CREATE JOBS. WHY CAN'T THIS MAN ACTUALLY STAND FOR ANYTHING?

    MORE DO-NOTHING-BUT-COMPLAIN DEMOCRATS IN WASHINGTON IS THE LAST THING THIS COUNTRY NEEDS.

    THE LAST 8 YEARS OF DEMOCRATS CONTROLLING CONGRESS GOT US IN THIS ECONOMIC MESS. BLAME FOREIGN RELATIONS ON G.W., BUT THE ECONOMY IS CONTROLLED BY CONGRESS.

    WE DO NOT NEED 8 MORE YEARS OF PELOSI POLITICS.
    NO WAY. NO HOW. NOBAMA.

    October 3, 2008 10:48 am at 10:48 am |
  12. Tired of the Nonsense

    Palin did a very good job of memorizing her answers, dodging/refusing to answer direct questions and generalizing things on "her terms"......but she did not give any specific plans when asked or explain anything...........the Repubs must think the American people are blind. In contrast, Biden performed superbly and was clear and concise........he definitely connected and won the debate by a large margin....with all plans explained and all questions answered.

    In the words of Chris Rock...."I'm voting for the guy with only one house!"

    Obama/Biden'08 – The change America truly needs.

    October 3, 2008 10:48 am at 10:48 am |
  13. ANGIE

    Hey Mccain is the fundamentals of our economy still strong? Mccain is clueless he has no idea about the economy and his wife and him being worth 100 millon dollars with 7 houses and 13 cars I dont think he cares!!

    October 3, 2008 10:49 am at 10:49 am |
  14. Mike

    Great! Let's add the taxes to the people who own small-medium size businesses. Oh, yeah they are the ones making over $250,000/yr and also creates many of the jobs in our economy. Let's tax them so they cannot afford to keep workers or create new jobs. Go Obama, go ahead and kill the economy further. Good judgement...NOT!

    October 3, 2008 10:49 am at 10:49 am |
  15. sorry

    now mccain can take daughter .send her back to ALASKA , then he can go to one of his house and find this nearest rocking chair ,and take hisself to sleep ,and PLEASE DO NOT FORGET TO TAKE FAKE BARBIE WITH YOU.

    GO OBAMA/BIDEN

    October 3, 2008 10:50 am at 10:50 am |
  16. Newsflash! Putin Invades Alaska's Airspace Between Palin's Ears

    Hmm ... One of these candidates actually sounds literate ... Hint: It ain't Grampy Grumps.

    October 3, 2008 10:50 am at 10:50 am |
  17. ex-republican Latino

    This election is a no-brainier: Reality rules congeniality. Stop kidding yourselves. America NEEDS Obama.

    October 3, 2008 10:51 am at 10:51 am |
  18. Sherry

    I say let's give John McCain the $5,000.00 check he was planning on giving the American people to buy health care coverage and let him buy a sofa for one of his seven homes..........John, give it up......go home......get in your rocking chair and read your war stories to your grandchildren.......invite Sarah Palin over, toting her 'maverick' attitude and her PTA type politics.........

    Sherry from Missouri

    October 3, 2008 10:51 am at 10:51 am |
  19. Big D

    I trust Obama to thoughtfully consider and research problems and work steadfastly towards practical solutions. McCain just doesn't have this serious problem-solving attitude. He wants to move too quickly, without thinking it through – sometimes it works, sometimes it doesn't. But we need someone who takes these problems seriously, and doesn't just throw a quick solution at it to see if it helps, and then throw another solution and see if that works instead. Obama has the judgement and temperment to be a leader – McCain doesn't.

    October 3, 2008 10:51 am at 10:51 am |
  20. vogue

    OK she is charismatic .......however I don't want her representing me on the National Stage.......................okey dokey

    Obama/Biden 08

    October 3, 2008 10:51 am at 10:51 am |
  21. jn

    Charolette....Looking back...yea the last eight years of Bush policies...that's all the USA have had to look back too...And speaking of looking back, what did John McCain do throughtout his whole debate last week? He only looked back at the last 20 years so give me a break...We are ready for NEW leadership! not some crusty old man who loses his temper at a drop of a hat and who would put someone so UNQUALIFIED to be the VP of the United States of America...!! Goodbye John and Goodbye Sarah...Alaska awaits your return for your corruption trial!!!!!

    October 3, 2008 10:51 am at 10:51 am |
  22. wwf

    Hey Berkely Square! Take a long walk off of a short dock. Totally uncalled for comment. I now understand why some animals eat their young. Some of you Republicans (like some Democrates I know) would vote for your party if a convicted fellon was your candidate.

    October 3, 2008 10:52 am at 10:52 am |
  23. mitch

    john mccain and republicans are directly responsible for the economic crises. i guess people will figure that out as they lose THEIR jobs.

    October 3, 2008 10:52 am at 10:52 am |
  24. Alison B

    The loss of so many jobs should be an eye opener to many republicans but it seems that either their eyes are closed or brain fogged up to see what is happening.

    If people are truly honest with themselves they would be saying I cannot live like this for another four years.

    So just like Palin claims she said thanks but no thanks that is what the American people need to be saying to the republics 'thanks but no thanks we have had enough of failed policies and promises' it is time for 'yes we can – cause together with the Democrats in power together we can bring American back to the country that has been the envy of so many.

    It is time for a change, it is time for something different, better. Can those who are McCain can they truly say with a clear conscious and thoughts that they are not afraid or they don't mind not having a job to go to or a house to live in or enough money to feed their children cause that is what they are going to have if we encourage a republican win in this election

    October 3, 2008 10:52 am at 10:52 am |
  25. Bruce

    Who ever thinks that the Bail Out plan is taking real money out of anyones pocket is really a REPUBLICAN that would vote for PALIN.

    The bail out is really a LOAN and it will not be deducted out of your pay check. It is the only way to get the country out of the hole that the REPUBLICANS DUG for every hard working person in the country.

    Obama has said it over and over he does not like the fact we have to do this. But just like medicine even if you do not like the taste you MUST TAKE IT TO GET BETTER!!

    Hard times are ahead and it takes true leaders with real ideas to move forward. One reason Obama and Diden look back so often as pointed out by Palin is to avoid making the same mistakes the REPUBLICANS HAVE BEEN MAKING.

    October 3, 2008 10:52 am at 10:52 am |
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