November 8th, 2008
10:52 AM ET
5 years ago

Obama focuses on economy in radio address

(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."

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soundoff (72 Responses)
  1. SB

    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.

    November 8, 2008 08:45 am at 8:45 am |
  2. Don

    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.

    November 8, 2008 08:49 am at 8:49 am |
  3. The T

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

    November 8, 2008 08:49 am at 8:49 am |
  4. lisa

    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.

    November 8, 2008 08:57 am at 8:57 am |
  5. Enjoying life to the fullest! :)

    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...

    November 8, 2008 09:00 am at 9:00 am |
  6. Dawn

    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...

    November 8, 2008 09:02 am at 9:02 am |
  7. Daniel

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

    November 8, 2008 09:02 am at 9:02 am |
  8. it's time

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

    November 8, 2008 09:07 am at 9:07 am |
  9. Bobby

    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

    November 8, 2008 09:08 am at 9:08 am |
  10. JIM...TX

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

    November 8, 2008 09:12 am at 9:12 am |
  11. it's time

    this sounds good, its what america needs right now.

    November 8, 2008 09:12 am at 9:12 am |
  12. MRP owosso MI

    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.

    November 8, 2008 09:16 am at 9:16 am |
  13. Chris from St. Louis

    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

    November 8, 2008 09:38 am at 9:38 am |
  14. Michael Meheran

    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.

    November 8, 2008 09:40 am at 9:40 am |
  15. t moseley

    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.

    November 8, 2008 09:42 am at 9:42 am |
  16. Maggie

    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.

    November 8, 2008 09:43 am at 9:43 am |
  17. katiec

    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.

    November 8, 2008 09:45 am at 9:45 am |
  18. V Nagarajan

    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!

    November 8, 2008 09:46 am at 9:46 am |
  19. OhioLady

    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.

    November 8, 2008 09:46 am at 9:46 am |
  20. mitch

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

    November 8, 2008 09:49 am at 9:49 am |
  21. JACKED-UP-POLITICS, FLORIDA

    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

    November 8, 2008 09:53 am at 9:53 am |
  22. E.C.Coleman

    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.

    November 8, 2008 09:53 am at 9:53 am |
  23. Larry

    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 ????

    November 8, 2008 09:55 am at 9:55 am |
  24. GARY

    TIME WILL TELL.

    November 8, 2008 09:56 am at 9:56 am |
  25. sharon jphnson

    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.

    November 8, 2008 10:03 am at 10:03 am |
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