September 16th, 2008
09:20 AM ET
13 years ago

Obama ad hammers McCain on economy comment

[cnn-photo-caption image= caption="New Obama ad uses McCain comment from less than 24 hours ago."](CNN) - Barack Obama’s campaign released a television ad Tuesday that says a Monday comment by John McCain suggests he is “disturbingly out of touch” with the economic problems of ordinary Americans.

There is no narrator in the 30 second spot, called “Fundamentals.” Urgent music plays as Monday’s headlines flash on the screen: the collapse of Lehman brothers, the turmoil of the markets, massive job losses and thousands of daily foreclosures.

“And John McCain says?” flashes on a black screen, followed by a clip of McCain’s Monday morning comment, played twice: “I think our economy, still, the fundamentals of our economy are strong.

“How can John McCain fix our economy if he doesn’t understand it’s broken?” reads the screen, as an image of McCain and Bush together appears.

Related: McCain clarifies economy comment

Monday morning, shortly before he made the comment used in the Obama spot, McCain’s campaign released its own ad on the weekend developments in the banking industry, called “Crisis,” that made a dire assessment of the current state of the nation’s economy.

After the Obama camp seized on McCain's Monday remark, the Arizona senator's campaign argued he had been referring to the productivity and innovation of the American worker. McCain repeated that explanation on CNN's American Morning Tuesday, calling U.S. workers "the fundamental strength and future of America."

The Obama campaign said “Fundamentals” would run in “key states” starting Tuesday.

soundoff (558 Responses)

    It's 3 a.m. and the phone rings at all 9 of McWar's homes. The voicemail picks up; "Hello, this is John McCain and I know very little about the ecomony stupid".

    Obama/Biden 08

    September 16, 2008 10:49 am at 10:49 am |
  2. real, educated, caring and truthful mothers..and by the thousands

    john mean Pitiful Old Warmonger/ Piglin...don't you?

    September 16, 2008 10:49 am at 10:49 am |
  3. David Newport, OR

    He should be...It amazes me that his supports make excuses for him. How can anyone say "our economic foundation is strong" and then 3 hrour later recant the statment and say "our economy is at risk". NOTHING changed in that period of time. NOTHING has changed in the last 8 yrs. What happens on the stock market and the financial instituitons today is an expectation of what the situation will be 6 months from now and reflects decisions that were made 2 years ago.

    Wake up people. THIS is real.

    September 16, 2008 10:50 am at 10:50 am |
  4. John

    Let me see. If we stop giving the Iraq government 70% of the money going to the war so they can rebuild their country (while our troops only get 30%) and let them instead use their 768M surpluss money for that we could use that 70% to rebuild our country; but hey, Dick Cheney needs a job in January, so we know McCain will keep the troops there and keep the Dick employed.

    I wonder what a few Trillion dollars would have done to our economy? I guess we'll never know.

    By the way; what does it say of your party when the Son of the Devil Karl Rove criticizes your campaign for spreading lies. McCain the Soldier is starting to turn into DICK Cheney the politician. SAD, SAD.

    September 16, 2008 10:50 am at 10:50 am |
  5. inuk of the north

    The low-skill high-paid jobs are NEVER coming back!

    Explain how a $20/hr job that can be replaced by $1.50/hr in China is going to come back to the USA.

    Anyone, please!

    September 16, 2008 10:50 am at 10:50 am |
  6. Clay

    Anyone who votes Republican in the upcoming election is a complete idiot.

    September 16, 2008 10:50 am at 10:50 am |
  7. David


    If McCain pushed through the legislation in congress..then, the Demcrats who control Congress had to Vote for it.

    What was the legislation?

    Why don't you get your story straight.

    September 16, 2008 10:50 am at 10:50 am |
  8. Xango 08 & 12

    I just hope that everyone wakes up, Mcbush will do the same old same old, in years he has not been able to do much, or stand up to the conservatives, he never did it before he will never do it...lets not joke

    if you are for war and more corruption and for not sending your kids to school but to war, then vote mccain palin
    if you are for no choices of any kind then vote mcbush palin
    if you are for the rich then vote mcbush palin
    if you dont care about children then vote mcbush palin
    if you believe that we out to bail out lehman brothers and all the rich ones, when you still say that government should not play a role in it, even so you have no choice but use the tax payer's money via the government to bail out the rich ones.. then vote mcbush palin

    LATINA for Obama /Biden

    by the way, if you are hispanic, then go back to spain............

    September 16, 2008 10:50 am at 10:50 am |
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