November 8, 2008
Posted: November 8th, 2008 10:52 AM ET

(CNN) - President-elect Barack Obama reiterated a call for fast action on the economy during the weekly Democratic radio address Saturday.

A day after stressing the economy in his first news conference since winning the presidency, Obama picked up the theme in the radio address.

Noting that nearly 1.2 million Americans have lost their jobs this year - including 240,000 in October - the president-elect said that "their stories are an urgent reminder that we are facing the greatest economic challenge of our lifetime, and we must act swiftly to resolve them."

Full story

Filed under: Barack Obama • Economy • Obama transition team


Billy Bob, New Orleans   November 8th, 2008 3:52 pm ET

Where's Obama's aunt??? Has she been deported yet???

The woman is an illegal immigrant living in Public Housing at taxpayer
expense. Get her out.

Jesse in Maryland   November 8th, 2008 3:44 pm ET

While I did vote for McCain, I'm still proud of what Obama's election says about our country. I'm just hoping that President Obama will govern like the centrist of his presidential campaign, and not the liberal of his previous voting record. He is president of all Americans, not just the Democrats and/or the people that voted for him. I will say I'm optimistic at this point, though.

Chris San Francisco, CA   November 8th, 2008 2:55 pm ET

He's not MY president. He expects those who voted against him to support him? Sure, I'll support him like liberals supported Bush. At least future White House resident (not my president) Obama will provide some humor for the late night hosts.

Texas Teacher   November 8th, 2008 2:54 pm ET

It won't be easy... and it can't be cured over night.... but I think if Obama can't fix it, no one can! I respect the man. I think he is a leader to be proud of!

Anonymous   November 8th, 2008 2:53 pm ET

great! That needs to be his first priority!

3strikes   November 8th, 2008 2:38 pm ET

preyed on the weaknesses of the united states to his advantage (e.g.,
weak economy, high unemployment rate, 2 yrs of pandering 'hope'
and 'change' which he cannot and will not bring, saying he'll create
new jobs). cannot believe he suckered over 65 million simple minded
people to vote for him, and non-stop praising of this false prophet.
defend your messiah, nobama democraps

Obama Democrat   November 8th, 2008 2:31 pm ET

Go Barack!

Hussein   November 8th, 2008 2:25 pm ET

The monkey speaks.

Gonna be a loooonnnng 4 years   November 8th, 2008 2:25 pm ET

What's he going to do about illegal immigrants? Like his aunt who just fled Boston for Cleveland to avoid ICE

Joe Daley, Chicago   November 8th, 2008 2:13 pm ET

Can any of you smart people give us an idea when President 0bama will give us the one thousand dollars that he said he would give us if we voted for him?

SHIZ   November 8th, 2008 2:07 pm ET

To anyone who believes Obama will change everything & those who believe he will change nothing I would caution you to wait. The new president has alot on his plate, & things that you may want him to get done quickly will have to wait awhile. I am happy that he has made clear that things he wants to do may not be done in his first year. As an Obama supporter I tell you this: change will come but it will take time.

Rich Lady   November 8th, 2008 1:52 pm ET

How I wish George Bush would attempt to pretend that he cares about our economy. What is this guy doing?

chuck   November 8th, 2008 1:42 pm ET

I was listening to CNN/YOUR MONEY when Christine Romans said Obama has got his GREAM JOB and it's time for you to get yours.Now let me say I have never seen a bigger idiot on CNN than Christine Romans.Obama cannot do anything until he's sworn in on January 20 2009.If Christine Romans cannot speak something sensible then she should be in Alaska with the other idiot Sarah Palin. That would be a good pair for SNL.

Healing through Justice   November 8th, 2008 1:41 pm ET

Remember remember,

to reclaim legitamacy in november

the cornerstone will be Bush and Cheney set on the stand

to answer for their actions, set in motion by their hand.

No Justice, No Peace, .....No unity young man.

Larry, Hazleton, Pa   November 8th, 2008 1:38 pm ET

An economic package should include an effort to get people back to work and not in just giving money – to just give money only helps the retail stores like wal-mart and target and only for short term – long term help will come with improving our roads, bridges and cities – will put more back in the work force and feed the entire economy. I for one do not want a 500 dollar cash back – lets get the biggest bang for our buck by building something.

Tom Dawson   November 8th, 2008 1:32 pm ET

I never knew there was such a thing as a weekly Democratic radio address on Saturdays. Hmmmmmm..... Maybe that's because I'm still a registered Republican who has voted Democratic for the last 20 or so years? When I finally change my registration to Democrat, will I get an email or letter or something telling me about this broadcast? At least I'm sure that I'll end up on lots of other mailing lists.....

d   November 8th, 2008 1:28 pm ET

I hate to be him this is going to be tuff President Bush didn't leave him much to work with and the Cupboard are bear.

Milhouse van Houten   November 8th, 2008 1:22 pm ET

The economy,economy and the economy.No other policy will see the light of day until there is at least a calming of the economic waters.
And that is going to be no easy task given the depth of the crisis.

MARIA   November 8th, 2008 1:22 pm ET

OBAMA IS ON TOP OF THINGS.I WISH PEOPLE WOULD STOP THE NEGATIVE TALK ABOUT HIM AND GIVE HIM A CHANCE TO DO WELL WHEN HE GETS TO THE WHITE HOUSE.THOSE PEOPLE THAT ARE STILL TALKING NEGATIVE ARE JEALOUS THAT AN AFRICAN AMERICAN WILL TAKE CONTROL OF THE USA.I AM FOR OBAMA SINCE THE BEGINNING AND WILL BE TO THE END.LOVE YOU OBAMA.I AM PROUD THAT WE ARE GOING TO HAVE A GOOD LOOKING YOUNG MAN AS PRESIDENT BECAUSE HE HAS PROVEN HE IS A LEADER ALL THE WAY TO THE WHITE HOUSE!!!!!!!!

Jay   November 8th, 2008 1:19 pm ET

And that was the promise!!! Way to go Mr president elect.

Jindal   November 8th, 2008 1:12 pm ET

Obama: be careful what you wish for–you just may get it. Good luck on the economy, and the wars, and health care, and immigration...It's not a campaign anymore, it's governing. You have no experience governing, so we'll watch as you learn through trial and error.

God, I miss W already.

Thanks America   November 8th, 2008 1:05 pm ET

Good luck President Obama. You have a heck of a mess to clean up. We are behind you 100%. For those of you who are not, or are just tolerating him, just step off and let him do his job. After all, you gave W 8 years to drive America into the ground. Now give President Obama time to pull it out.

Millie, PA   November 8th, 2008 12:46 pm ET

I love this man and I love America.

Obama–YES WE DID.

Lor   November 8th, 2008 12:41 pm ET

We're pulling for you Obama, make us proud!! :)

Dan   November 8th, 2008 12:29 pm ET

Good he talked about the economy, and not Nancy Reagen again.... He had to apologize, if not he open the door for continuing attacks on his wife (her remakrks that were not universally welcome during the campaign). His apology was merely realizing he is digging a hole to his wife... by what he said in his first press conference (and it was a strange way to reaching across the isle). CNN- election is over allow some remarks that are somewhat not merely positive viz a viz Obama! please!

Pat   November 8th, 2008 12:27 pm ET

"I didn't want to get into a Nancy Reagan thing about, you know, doing any seances," he said. . . .

Why would any mature individual make such a comment - totally inappropriate and disconnected to a "news conference."

Oh, that's right - we're talking about Obama, the man-child!

Jim In Minn   November 8th, 2008 12:25 pm ET

I hope the Obama Administration helps the industries which help Americans. I think he should ignore industries like the auto industries which have moved their manufacturing and Information Technology to other countries only to help themselves. Have they ever thought that maybe if they would let Americans have these jobs and make a decent living they would be able to afford their cars? Also, letting Americans make a better salary would cause an increase in the amount of taxes collected by the government, also helping our country.

Before the free traders jump in trying to argue this point, I've got one more point to make. Living in Minnesota, I tried to go to Canada and buy a new car at a lower price when the dollar was advantageous. They wouldn't sell me a car because the auto manufacturers have set rules so only people from Canada can buy a new car in Canada. That's not a FREE MARKET. These free trade agreements are only for cheap labor. Let the industries who do this go under and let's build up industries that want to hire the AMERICAN worker.

400 families own half the country   November 8th, 2008 12:11 pm ET

and they are stealing the other half right now,

practically guaranteeing that you and your children and grandchildren will be their below minimum wage slaves for a millennium!

boycott corporate products and services!

walk away from your upside down mortgages (and wall street thieves will never advise you to do so, do you get my drift?)

close your ban account and open a local credit union accounts!

write and call your reps in washington and DEMAND

UNIVERSAL PUBLICLY FUNDED HEALTH CARE NOW!

that is, if you people have any functioning brain cells!

Perusing-Through   November 8th, 2008 11:59 am ET

DUHH!!
OF COURSE THE FOCUS SHOULD BE ON THE ECONOMY.

With 1.2-million lost jobs this year, record breaking home foreclosures, record number of failed banks and institutional takeovers, financial credit crisis, and the official onset of a recession – - – - the focus can only be on the national ECONOMY!

Anita of georgia   November 8th, 2008 11:52 am ET

I have faith in President elected Obama. He will do his best to stop the bleeding of this economic crisis. This is not going to be easy by no means. I believe he is commented to do. whether it's the lost of jobs, the lost of homes, the pasting of a health care plan, that will benefit all people. The promise of bringing our troops home in a safe and timely manner. He's a man of his word, one that can be trusted to do the right thing for all Americans.

Susan in Delaware   November 8th, 2008 11:30 am ET

Great BO, give billions to GM to pay for their retired people's health care while my husband and I with 66 yrs. in public education not only pay 20% in fed taxes, but also close to $13,000 a year for our health care now that we're retired. I guess this is what you mean by redistributing the wealth.

Shannon   November 8th, 2008 11:19 am ET

notice the talk already about going back on his word about Iraq. This man is such a phony, it's public financing and FISA all over again. What a fraud! I'm sure the only thing he is being advised on is how to weasel out of his promises

FAYE, NV   November 8th, 2008 10:50 am ET

It will take some time to get the economy on track. Very glad he will be forcusing on it.

CL   November 8th, 2008 10:45 am ET

See if you can catch him GOP. It'll never happen. I think you'll find that you can't argue with someone who is for the people and by the people. I predict the greatest presidency in the history of the USA.

pornographicpriestessboy   November 8th, 2008 10:44 am ET

Trash all the time.I once believed CNN to be THE most relevant station.What happened to you ?Are you mad at the winner or the loser?Please come back CNN.We miss you!

Dave   November 8th, 2008 10:41 am ET

I suggest they forget these radio messages. Let's have Obama and Biden write weekly blogs letting us know what's on their minds and providing insight into their decision making.

Dave   November 8th, 2008 10:38 am ET

Forget these radio messages. Let's have Obama and Biden write weekly blogs letting us know what's on their minds and providing insight into their decision making.

Joe the mechanic.   November 8th, 2008 10:37 am ET

This is job number one. I think he can turn it around. Buy Stocks.

geraldine   November 8th, 2008 10:36 am ET

Non-partison question- how is this the greatest economic challenge of our lifetime? How about 1980, when employment and inflation were both in double-digits, and interest rates were over 20% (i.e., prohibitive costs/access to capital)? Short memories we all have.

Partisan commentary: perhaps the answer to the above is that obama needs to lower expectations on any recovery, or position himself as the savior from this great abyss?

Partisan sarcasm: it's relieving to see that obama plans to solve the economic challenges by "taking all the necessary steps". Solve the problem by solving the problem and there you have it. I'm going to buy stocks on Monday.

gerri   November 8th, 2008 10:32 am ET

This is no time for a lame duck President or Congess.The President and this Congress should resign as soon as possible and allow the Obama team to start work on this economy.Two months is way too long to go.Consumer confidence is needed now,before Christmas sales, or the economy will be worse off.Partisonship should be thrown out the window now.Its time for Americans to take action.Stay calm,focus and above all,Dont panic.

Scott   November 8th, 2008 10:32 am ET

So Obama is going to give a multi billion dollar bailout to the auto companies using our tax dollars. Will be interesting to see if he's condemmed for that as Bush was for bailing out Wall Street?

alvino   November 8th, 2008 10:18 am ET

Thanks America for embracing common sense and overwhelmingly electing Obama. While it will take a while to undo the Bush economy, thankfully we now have someone who can fix it.

Ron of Baltimore   November 8th, 2008 10:15 am ET

As I often do to check on "the other side," I tuned in to FoxNews. Laura Ingraham was doing a number on Obama's press conference, complaining that he displayed no sense of urgency at all concerning the economic mess. This was in part in response to his deferring to President Bush, saying "we have only one President at a time." I'm sure if he'd said anything other than that, he would have been characterized as uppity.

sharon jphnson   November 8th, 2008 10:13 am ET

Lieberman should be a man not nice and just step down, my thing is how on earth do you trust this man.
He have no respect for the american people ,oh i know he can be the man that cleans up after the dog,but then i thinking maybe not that job is to good for him. ok let's just put him in the lungry room.

Kim in SC   November 8th, 2008 10:08 am ET

I am so angry. I voted for Obama and I don't know where or when I am supposed to get my check. i am poor OK and I need some money to buy gas and food and pay my bills. this is not what i expected

Briana the college student   November 8th, 2008 10:06 am ET

I can't wait to see change in this economy.

Yes We Did!!

Dave, Illinois   November 8th, 2008 10:03 am ET

Will it include tax cuts or will he backtrack now that he has been elected? I have a feeling that Pelossi and Reid will be the vehicle to bring the far left's demands to Obama for payback. I hope Im wrong.

sharon jphnson   November 8th, 2008 10:03 am ET

I have listen to his speece on Saturday ,Iknow america did not make a mistake he president select Obama was pick.
I beleive that he will put this county back on it's feet, however we as a people must give him some time. Rome was not builded over night.
and this county is not going to fix it's self over night.
There is a lot of work to be done.

SO LET US ALL CONTIUNE TO PRAY FOR HIM AND HIS FAMILY.

GARY   November 8th, 2008 9:56 am ET

TIME WILL TELL.

Larry   November 8th, 2008 9:55 am ET

I do not think any of the economic problems are going to be a problem ,for the Democrats,they will just print more money if they need it,and tax business and those rich 5% people,what's the problem??THAT"S what Obama's been telling us for 2 years,that's how he got elected.Is there a PROBLEM now ????

E.C.Coleman   November 8th, 2008 9:53 am ET

Obama may stress the 'economy' in his address, but the First Act of his Administration should be to stop Reid from his ridiculous and highly partisan treatment of Senator Lieberman.
Senator Lieberman exercized his 'right to choice and opinion' and had the courage to speak out.
Reid will continue to divide the government with his immature behavior and ridiculoua partisanship.
Obama needs to prohibit this in-fighting within Congress, starting with Pelosi in the House.
Our Economic Problems will be solved eventually, but the path will be much more swift and pleasant with a bi-partisan Congress willing to work together on major issues.

JACKED-UP-POLITICS, FLORIDA   November 8th, 2008 9:53 am ET

There are many things that Obama has done this time around that commands attention and respect but I will only name the two that is standing out the best:

1. He has brought some issues (race, fear tactics, etc...) to the table that no one can deny were crucial for the American people to watch for and not cause this election to be stolen.

2. I am loving the way that he is taking his time with naming his cabinet despite the media and pundits "do everything quick, right now, hurry attitudes.

Loving the O and the Biden 2008

mitch   November 8th, 2008 9:49 am ET

he's already working ten times harder than the 2nd grader in office,now.

OhioLady   November 8th, 2008 9:46 am ET

This isn't even an article.
It's made up of nothing.
If I handed this in to my professor, I'd get an 'F'.
We know the who. You've been screamin' "Obama" for over a year.
Add the following:
What.
When.
Where.
This way America will know what is actually coming.

V Nagarajan   November 8th, 2008 9:46 am ET

I hope that Obama identifies the right person, whatever his or her political affiliation may be, to fix the colossal systemic meltdown in the financial sector, failing which the economy will not recover in the near future. If one needs to hire someone to advise on safeguarding the bank's safety vault, the smart thing to do will be to look for a retired or, even better, a reformed bank robber!

katiec   November 8th, 2008 9:45 am ET

Nothing will be accomplished unless the political parties work together to save our country,.
The postering, criticisems, bickering, negativity, narrow mindedness has to stop and country has to be put first.
The division, hatred and show of power have gone on way too long, bringing our country to its knees.
Time to unite Democrats and Republicans.
The United States of America is at stake.

Maggie   November 8th, 2008 9:43 am ET

If we are going to help bail out the auto industry, I hope we will put some caveats on how the money will be spent, including suspending CEO bonuses/golden parachutes until the loans are paid off. If jobs still have to be cut, the CEO salaries should be decreased proportionally. Let's face it, if the company is failing, why should the CEOs continue to earn millions while thousands of workers are laid off? New cars should be kept to high gas mileage standards and increase the number of plug-ins and hybrids. Solar panels could be added to cars that will be driven in states that get alot of sun throughout the year. We should follow the advice of J. Boone Pickens who said that all new 18-wheelers should be built to run on natural gas. Once the auto industry really gets on board with environmentally responsible vehicles, we'll be well on our way to three of our most important priorities: a better economy, better environment, and more energy independence.

t moseley   November 8th, 2008 9:42 am ET

We talk about healing the issues of race in the country, yet all I've heard is what is Obama going to do first. I havent seen any other president being put under this type of microscope. Africian Americans are always expected to perform better. Bush has been in office for 8 years and all Ive seen is nothing. He's left a mess back here for someone else to figure out. Give president elect Obama room and time to look at all of the issues on the table. This country is in a major mess. I trust Obama and his ability to get advice from the best and the brightest. This mess has to be dismantled brick by brick.

Michael Meheran   November 8th, 2008 9:40 am ET

I have been a viewer of cnn,since it`s begining.
I now am sickened by the unbalanced coverage of the poliitical race.
from Larry king,wolf blitzer,John King....it`s very obviose who cnn supports.
I am an independant,and watched cnn serve wiffle balls to anyone for obama,,then hammerd Palin....and Mccain.
obama`s ties to radical groups,took a backseat to palins shoes!
I waited to make a decision,because after 2 years of campainging,i thought it may even out. It did not.
obama is your golden boy,,,it`s sad,I thought cnn would be more fair.
I`m now boycotting cnn,and spreading the word.I already have 10 people I`ve told,and agree,and there each telling 10,and so-on...
cnn is now not on my t.v. viewing choices.

Chris from St. Louis   November 8th, 2008 9:38 am ET

Mr. President Elect ... I don't want to hear about the problem(s), ... We know what the problems are ... we want to hear from you that you FIXED all the problems!! I know it is too much to ask .... but you will understand our frustration built up for over 8 yrs. Tell us how we can help you along the way ...

Good luck

MRP owosso MI   November 8th, 2008 9:16 am ET

I hear our new President has Gov. Granholm on his economic team.
God help us all, she is the main reason we in Michigan have been in such a recession for the last few years. Raising taxes on business' must be the plan for the rest of the country too. I hope that this isn't the plan for the rest of the country.

it's time   November 8th, 2008 9:12 am ET

this sounds good, its what america needs right now.

JIM...TX   November 8th, 2008 9:12 am ET

A man with a plan....isn't that refreshing!

Bobby   November 8th, 2008 9:08 am ET

Election over stop talk about have BAD everything is and tell american what you are going to do to fix .We have election you to fix the problems now is the time to walk the talk

it's time   November 8th, 2008 9:07 am ET

thank you president obama, your speech was up lifting, america now has hope because of your great leadership and vice president bidens great leadership.

Daniel   November 8th, 2008 9:02 am ET

Hey did you guys go to the Palin school of journalism? What Time??? What stations???

Dawn   November 8th, 2008 9:02 am ET

He is getting ready for Jan.20th, He needs to be ready for day one. We need work and we need it now. Bush is dragging his feet and is doing what he has done in the 8 years he was in Office. It is sad that we had to go through all of this.

As for John McCain I have nothing against him, he did what he was told by his advisers, which actually knew nothing about Campaigning. He had the worse adviser in Karl Rove, playing dirty and digging into Obama and Biden's past.

President-elect Obama ran his campaign smoothly and right. To all the McCain/Palin voters, look back at the last two months. The rhetoric and slanders that was spewed out of their mouths. It makes them look evil and dangerous. That is why Barack Obama won the election. People are angry at the last eight years.

President-elect Obama has more on his plate then the economy, he still has two wars, he has to mend the EU Countries mistrust of the US, he needs to get jobs back into this country. Remember 78 Countries were watching this election, because they want someone who can work with, instead of rushing to war and bring the world into it.

President Bush had no clue to what the American people actually wanted, lets just hope he can do what he said he wanted to do...

Bless this Country with good health, and wealth...

Enjoying life to the fullest! :)   November 8th, 2008 9:00 am ET

It is refreshing to see SOMEONE state what they are willing to do for the American people instead of the OTHER ONES dragging out their bicker bags and just cutting SOMEONE down. It is nice to know SOMEONE cares about the American people instead of the OTHER ONES caring for themselves. It is also civil to allow SOMEONE the courtesy to try and help the American people instead of the OTHER ONES jousting to be the center of attention and not compromise to BETTER the American people. Don't get stuck in a rut! Get out, make a difference for not only yourselves, but, for the GOOD of ALL people including the future. Quit bickering. It gets NO ONE anywhere...

lisa   November 8th, 2008 8:57 am ET

Is it time for both radio addresses and internet addresses by the president? We have youtube, we need ovaltube or prestube right from the oval office chair.

The T   November 8th, 2008 8:49 am ET

Leadership at the top.....we love it already.

Don   November 8th, 2008 8:49 am ET

We have heard over and over, especially on blogs such as the ticker, that we need change..so elect Barack Obama. I am a former Hillary supporter who found it hard to get behind him, but did. I find his supporters childish and what makes me angry is that while Obama argues for change, his supporters in California and other places did not practice this message. How can you justify electing Obama at the same time banning gay-marriage?? Very hypocritical and shows that this country replaced one hatred for another. I pray that President-elect Obama does well, but we must wake up. While I am delighted and hope Obama will move this country forward...evidence on line suggest hatred still exist..Mr.Obama, please speak out on the prop 8 vote.

SB   November 8th, 2008 8:45 am ET

This country should be ashamed of themselves for voting for someone due to RACE not experience. Then again the majority of the people that voted for Obama are either BLACK or TWENTY Something. This is a sad day for America!!!!!!! The terriorist will find it easy to walk over the top of Obama and our country. Did we forget about September 11th? The sad part about this is that our children and grandchildren will pay the price for our decision today. Our country turned away a man who fought for our country, suffered for our country and was tortured because he believed in our country. When you lay down at night just picture the terriorist and others who don't believe in a free world, laughing at us, rolling their hands together, thinking, this is going to be like taking candy from a baby.

Now I sit back and wait so that my point will be proven in time. The majority just voted out our free world.

Comments have been closed for this article

subscribe RSS Icon
About The Ticker

The latest political news from CNN's Best Political Team, with campaign coverage, 24-7. Sign up for our twice daily Ticker emails. Got a news tip or feedback? For complete political coverage, bookmark CNNPolitics.com.

CNN=Politics Screensaver

CNN=Politics ScreensaverTap into the power of The Situation Room. Download this powerful new tool that keeps you posted on the latest political news from the campaign trail.
Download (4.1 MB, PC only)

twitter
@wolfblitzercnn: New SitRoom start time. Beg. mid-Jan, we're on 5-7p ET. Our excellent team can focus on 2 solid hrs. Less becomes more.
Updated: Tue, 22 Dec 2009 06:45:58 -0800
@psteinhauserCNN: New CNN Poll: Tiger Woods' standing with Americans takes a big hit but there appears to be a big racial divide - http://bit.ly/6dW44s
Updated: Tue, 22 Dec 2009 05:28:45 -0800
@wolfblitzercnn: Trifecta -- NOT. My Redskins, Bills and Packers all lose this weekend. Very sad.
Updated: Mon, 21 Dec 2009 20:40:09 -0800
@HornickCNN: RT @andersoncooper: Interactive: The top 10 Health-Care-Reform Players http://bit.ly/6C3OlX
Updated: Mon, 21 Dec 2009 19:47:50 -0800
@HornickCNN: RT @cnn_oppmann: CNN.com: Mexico City approves same-sex marriage. http://bit.ly/5RyMnk #mexico
Updated: Mon, 21 Dec 2009 19:46:26 -0800
Categories
Powered by WordPress.com VIP