Obama, McCain react to unemployment rise
The presidential candidates weighed in today on the sobering report that unemployment jumped to 6.1 percent last month as the US economy lost another 84,000 jobs.
Democrat Barack Obama used the news to try to tie Republican rival John McCain to President Bush, while McCain warned about Obama's tax proposals.
Obama said in a statement: “Today’s jobs report is a reminder of what’s at stake in this election – John McCain showed last night that he is intent on continuing the economic policies that just this year have caused the American economy to lose 605,000 jobs. John McCain may believe that the fundamentals of our economy are ‘strong,’ but the working men and women I meet every day are working harder for less, the typical working age family’s income is down $2,000 since George Bush took office, and their purchasing power is as low as it’s been in a decade. John McCain’s answer is more of the same: $200 billion in tax cuts to big corporations and oil companies, and not one dime of tax relief to more than 100 million middle-class families. If I am President, I will cut taxes for 95% of all working families and provide an immediate $50 billion to struggling states so that they don’t have to cut back on health care and education and can rebuild roads and schools. That’s the change working families need right now.”
McCain said in a statement: "Americans are hurting and we must act to create jobs. Unfortunately, while millions of Americans are gathering around the kitchen table and questioning how they can keep their homes, pay their medical bills and afford their children’s education, Washington has failed to act. As I promised last night, I will fight for those that lost their jobs, savings, and real estate investments. Some Americans have been left behind in the changing economy, and it often seems your government hasn’t even noticed. We must prepare every worker for the jobs of tomorrow. We will use our community colleges to help train people for new opportunities in their communities. As President, I will enact a Jobs for America economic plan that creates jobs, helps small businesses, expands opportunities and opens markets to American goods. Washington must stand beside the American people, not in their way.
“Sadly there are those who believe that to grow this economy we must raise taxes, impose costly new mandates and isolate America from the global economy. When our economy is hurting, the last thing we should do is raise taxes as Barack Obama plans to do and has done. The American people cannot afford a Barack Obama presidency.”



Obama preaches change but he's just another entitlement-happy egotistical politician. He and his surrogates will put the biggest clamp on free speech this country has ever seen! Already his black-female representative, Oprah, has made it clear that she refuses to put Sarah Palin on her show. OPRAH portrays its brand as a show celebrating success stories, especially by women. Since Oprah worships Obama she will ensure that she participates in his censureship campaign.
"Those who seek absolute power, even though they seek it to do what they regard as good, are simply demanding the right to enforce their own version of heaven on earth. And let me remind you, they are the very ones who always create the most hellish tyrannies. Absolute power does corrupt, and those who seek it must be suspect and must be opposed. Their mistaken course stems from false notions of equality, ladies and gentlemen. Equality, rightly understood, as our founding fathers understood it, leads to liberty and to the emancipation of creative differences. Wrongly understood, as it has been so tragically in our time, it leads first to conformity and then to despotism."
Who said this?
Why does Mccain keep saying Obama is going to raise taxes on the middle class? Does he really think the American people are stupid?
What a fool or maybe he's just too old and sinle caught up in his own world to see or hear the sppeches Obama has made on taxes...Oh yeah, it could be becuade he thinks you're rich when you are making $5,000,000 so he probably thinks the middle class is around $1,000,000 or so and their taxes will be raised then...
How does John McCain get away with talking negatively about Washington when he is Washington? He's been there twenty-six (26) years.
Well, now the United States has the same unemployment rate as the semi socialist neighbor to the north (For those American's lacking in geography that's Canada.)
With Canada considering Health Care a right and not a privilege, yet only taking up 14 percent of its tax dollars (Medicare in the US is 16-18% of an American tax payer's dollars). You start to wonder... is a healthy worker a productive worker?
(Also note that Canada's life expectance is 2 years higher and Cancer survival rates are about 5% higher in Canada than the US.)
Once again, Obama drops specifics and a plan. McCain says "We will use our community colleges to help train people for new opportunities in their communities."
Mr McCain, what exactly are those new opportunities afforded by an AA degree? Where do you plan to employ 605,000 thousand people!!!!
AND Mr. McCain, if you are so concerned about working people and the economy, why haven't you said anything the last 3 years! You have been voting with, campaigning for, and defending Bush... Now you want to get elected and it's a different story isn't it.
90% of the job creation over the past decade has been attributed to small businesses. Now - a small business owner may make $300-$400,000 a year and raising their taxes to fund welfare WILL RESULT IN JOBS BEING ELIMINATED. Obama's ill conceived mass wealth transfer (i.e. socialism) will further cripple the job base across the country. As for what McCain had to say - the more productive and higher paying jobs being created in this new technological age are the only growth areas. manufacturing jobs are being replaced by ROBOTICS - not going to foreign countries. Education and retraining is the key here and Obama missed the point entirely. Want to transfer assets from more productive areas that create jobs to welfare - vote for Obama and watch the jobs disappear. No one will have one soon.
At least Obama offers some specifics (tax relief to middle class). McBush will think up a plan.
Each time John McCain reminds everybody how much Americans across the nation question "how they can keep their homes, pay their medical bills and afford their children’s education" and follows with "Washington has failed to act." It begs the question, what did YOU do over the last eight years to stem this economic disaster Mr. McCain??? In fact John McCain voted with president Bush over 90% of the time. In other words, he's part of the problem, not part of the solution.
John McSame sqawks out the same old parrot call of trickle-downers from the 1980's: "Braawwwk... Tax cuts improve the economy!" Unfortunately, since most Americans have a memory of about two days, too many people fail to remember that the opposite has always been true.
Ray-gun's 1981 tax cuts had one direct result: The 1981-1982 recession, which was the longest and deepenst recession since the Great Depression.
Bill Clinton worked with the republicals to cut taxes on the Middle Class, while raising taxes fro the wealthiest 1% of americans... He was the only president of the 20th century not to have a recession on his watch.
Curious George's second action after coming to Washington was to enact the most sweeping tax cuts in history. By the month after they were enacted the country was in recession and the budget had a deficit for the first time in four years. And the deficit was the largest in American history.
The lesson of history? TRICKLE-DOWN IS SNAKE OIL THAT'S NEVER WORKED!!!!
When you give tax cuts to lower and middle income Americans, like Obama wants, they spend it right away and pump billions of dollars back into the economy.
When you give tax cuts to the wealthy, like McSame wants, they DO NOT reinvest it in the economy, as the trickle-down hypothesis suggests. They stash it away in offshore accounts, while the budget loses billions in revenue.
GET A CLUE REPUBLICAL PARROTS!!!!
Okay so Obama made an overstatement saying that McCain would not cut taxes one dime for over 100 million middle class americans. In truth, fact McCain wants to cut taxes a fraction of a percent for most of them.
For the lowest tax bracket, McCain wants to cut taxes by 0.2% which equals about $19 per year in savings. In contrast, Obama wants to cut taxes by 5% for the same group (which equals $567 in savings). I think Obama's plan helps those on the lower income scale a lot more than McCain's plan.
Similarly for those making up to $37,595 McCain wants to cut taxes by only half a percent, while Obama wants to cut taxes by 3.6 percent)
For those making up to $66,354 McCain wants to cut taxes by only 0.7% and in contrast Obama wants to cut taxes by 1.8%.
So when McCain accuses Obama of increasing taxes, look at the facts. Obama will only increase taxes for those making between $600,000 and up. The rest either pay the same taxes or have their taxes cut.
It's interesting how Mccain says totally opposite of Obama.
Obama said he'll cut taxes for 95% of all working families.
McCain says "Obama will raise taxes".
It's like Bush in last election debate. Every question asked, he said to Kerry. "But you voted against it." when that had nothing to do with the question asked.
We elected an Idiot, and the again Same Idiot. Lets not make same mistake again.
Obama is the intellectual person and we need someone who can get Economy Up, Foreign relationships stable and not just go after OIL in the world to fill their pockets.
I find it interesting how John McCain is incapable of getting the point that Obama's plan to raise taxes only impacts those folks with incomes greater than 250k. If McCain thinks people with incomes over 250k are representive of most Americans he is sorely mistaken. But then again perhaps he is only looking around the neighborhoods where he has his seven homes and some of his neighbors may need to sell one of their vacation homes to handle the tax increase.
Even McCain admits that his pal Bush has screwed up the economy... Obviously his reality is for those of the upper class...so each time he mentions raising taxes, he's talking to his millionaire pals. He forgets that Obama plans to cut taxes for the middle class.
Mr. McCain can say whatever he likes, but his party has presided over the worst economic decline in 80 years.
The tax cuts have enlarged the deficit.
We need to pay for everything we do.
That includes the war in Iraq, which I believe is not even included in the grand total yet.
That means a TAX INCREASE, on those who earn more than a quarter million a year. The uber wealthy have had such a free ride for the Bush/McCain years that they can afford it handily.
Ok
you can't blame the Democrats for that one. Mr Mac with all due respect this is your party doing. Thank you
ps A renoun thinkthank did the math Mr Mac and they said your plan fails in every sense of the word. Yet Obamas plan will help us . Check yahoo
and sadly John! we have those that believe handing a $600 check to everyone will also be like waving a magic wand. The American people can't afford more this supply side economics, IT DOESN'T WORK!!!!!! It never has! Each time the economy needed stimulus where does it come from??? The consumers... not the producers. So tax the big companies making money hand over fist right now (Exxon????) and capitol gains and give some more money to people who will spend it. You conservatives have such a tight grip on those wallets of yours.... if you people would only vote with your hearts and minds as apposed to your bank accounts, we would never have another GOP president ever again.
Would the media please explain the type of change McSame and Sarah Putin plan to introduce to America! Change, such as firing people if they oppose you. Change, such as banning books they oppose. Change, creating additional wars. Change, removing the choice of birth control and abortion rights from women. Change, doing away with science. Change, allowing machine guns in schools!
Please explain the McSame and Putin changes!
McCain and his party have presided over the largest increase in the size of Government and the most profligate fiscal irresponsibility and the worst economic decline in 80 years. WHY would we give them another chance. Usually that is reason to replace them.
That McCain letter ending is hilarious. Not a single shred of specifics from McCain, not that the specifics would be any better. Typical.
Funny. Obama is saying McCain would give oil companies a huge tax cut when it was OBAMA that voted for it and MCCAIN who voted against it.
I hope people take the time to think about the answers of these two men. John McCain has voted with George Bush policies 90% of the time, now he says he'll act differently? If you believe that then you aren't looking at his record. Barack Obama has always helped the poor and middle class from the beginning of his career. His plan cuts my taxes (I'm a small business owner and middle class) and raises taxes where they should be raised on the 1% of the wealthiest people. Ask yourself why the rich are getting richer? The Republican party has done this over the last 8 years. They toss us a $600 tax credit this year while giving big oil millions of dollars in tax credits. Who really benefited?
How else is it expected to pay back the debt the Republicans created. talk about spenders. Seems to be they are the BIG SPENDERS..
Obama is the only candidate with the sound and sane developed economic plan.
No the change that McCain wants is to bash the intellectuals and any one that has European ideas[ap].Maybe you look different "foreign" I believe is the code word,your not a hockey mom ,soccer mom, NASCAR dad, you live in a city and your educated you have a world view and you think it takes a village to help raise your family,-ie schools, extended family, neighbors, friends, then your some how bad or on the fringe maybe even evil, dose that not give you that warm fuzzy feeling? Well be afraid very afraid.The right wing "Conservative" brings something else to mind,Germany a wounded war veteran who wrote a book and was a God fearing right wing conservative who found his country receptive because of their plight after a bitter war and bad economic times. The intellectuals, educated foreigners,ones that were liberal,and folks that didn't "share their values" NOT LIKE US. The Jews fit the bill, diffrent religon, businessmen, intellectuals, liberal, not like us. This right wing group with it's leader invoked Gods name and went on a crusade to right many perceived wrongs and to settle old scores. The church blessed them and their weapons and they went out in Gods name to make the world in their image and well you know the rest
I'm really happy that BOSTON displays both of the speeches to allow me to cut through them myself.
I like reading Obama's plan, but so far, I haven't read anything from McCain's side about any kind of plan.
Just more about talking, and fighting, and .etc... So far, no clear direction from the McCain side.
Go to college? Great - I'm absolutely for it and I'll go. But, John, who is going to make my mortgage payment, feed my kids and pay my electric bill while I'm in school? Americans need jobs TODAY that cannot be lost or moved overseas.
Jobs are disappearing faster than NY Yankee playoff hopes and the best that John McCain can do is "fight for our real estate investments"?
How out of touch with Americans can anyone possibly be!!!
Lost your home, lost your job, lost your retirement 401K value, lost your stock holdings, lost your college loan, lost your, repoed truck/car, lost your job health insurance. Hey loser, go all the way, lose your mind and vote McCain/Palin. You deserve to suffer!
Hey, there's an idea... McCain just suggested we all suck it up and go to community college!
I guess that makes sense to a privileged fool like him, "can't all these poor people just go to community college and then get a job?"
Nevermind that many of those losing their jobs already have BAs.
Why do news organizations print lies from John McCain about higher taxes from Obama. It has been proven 100 times that his tax proposals will lower taxes for 95% of American people and yet you still print these lies from John McCain.
With respect to the economy, I'd much rather take a chance on Obama than McCain. Did McCain admit early on in the primary campaign that he wasn't that strong on economic issues? Combine that with his stated goal of continuing the Bush tax cuts, which primarily benefitted the rich and big business, and I don't see how anyone believes McCain will help the economy or the struggling middle class in any meaningful way. As a person I think McCain is a great man, and yes, a patriot for his service and suffering during Vietnam, but I cannot and will not vote for any Republican that continues to push right-wing neocon conservative ideology and wedge issues like outlawing all abortion, anti-gay measures, creationism, abstinence vs. birth control, etc.
Where does McCain get his information, Obama said, "he will cut taxes for 95% of middle class Americans," not raise them; is this man blind, deaf, or senile, or maybe he's just a lying politician using scare tactics to get votes from the uninformed. I'm a registered GOP person, but this Senator has lost me as a supporter, and please don't inform me that this is what Evangelicans are raving about, I'm also a Christian but NO THANKS!!!
Since John McCain/Sarah Palin can't seem to state the truth in their campaign speeches, why would any one believe anything else they claim to want to do? The issues are not want they want to discuss - they only want to denigrate the opposition. Anyone notice they are keeping their social agenda on the back burner? When has he last mentioned he wants to keep the tax cuts to the top 1%? His economic plan was Phil Gramm's work - he who bought us the mortage crisis by repealing the Glass Steagal Act and the Enron loophole that has a great deal to do with the oil prices now. Anyone remember Enron? Bet those people who lost their savings and their jobs remember them. He was for the troops, but was against Webb's bill that would given them college education and VA loans, as well as more medical care. Yet, he claims to support the troops. How can he support them when he has no plan to get them out of Iraq? I would have voted for McCain in 2000 - now I don't trust him. Oh, and the earmarks he's against...do a Google search on the ones he got for AZ. Guess he's only against those for everyone else.
That is such a foolish statement...It seems that after Bush the economy grow will be a challenge for any one...however, your comments are so foolish that perhaps you need to go back to community college and learn to read and understand what your read....learn some listening skills also...I don't see where Barack said raising taxes for the middle class or the poor...you must be wealthy and don't give a c...for the middle class and the poor class...or soon to be homeless class. McCain wants to educate people...what about providing grants for the middle class and poor so they can send their kids for free to the community colleges perhaps this will also decrease crime to allow people to actually educate themselves so they can have jobs that pay.
Remember, it's all about money. The rich want to get richer and the poor want to get more. The middle class has been under assault for the last 30 or more years. We are fast becoming a country like Brazil with no middle class. The really unbelievable thing to me is the power of propaganda. The Republicans get poor people to vote for them with issues like "family values" and "abortion". Come on, let's talk about the real issue, money. That's all it's really about.
Mccain also should be fully awared that the job losses is not tied to congress action, but is linked to the Federal Reserve decision for the past decade to print money and lower interest rate to inflate the economy like hot air. Now, investors move their money away from U.S because of the drop in confidence of US currency.
It is ridiculous that Replublican believes the current minimum wage is sufficient for saving and investment to the average american. Maybe it is true that 98% of Replublican power players and politicians are weathier so they cannot relate to the people who needs help. If Cheney can invest $1Billion for Georgia's infrastructure, I think the U.S government can invest the same amount of money to our teachers and social development too.
To build a strong country, you need to invest in that country's people.
But....during the replublican convention period...lobbylist for multi-million companies dine with delegates with nice wines, quality red meat and belly dancers......nice control Mccain!
Wake up middle America and quit damning your own future! For God's sake, tax breaks for Industry and the wealthy don't trickle down, and building up the defense industry to fight wars doesn't help you send your kids to college, repair that outdated road or bridge, and protect your retirement. If this country continues to self destruct with more of these clearly failed policies, I am going elsewhere. I can't live around such lunacy, and yes, I will say it: "stupid white trash".
McCain's policies of low taxes, low regulation and free trade are mere code words for laissez-faire economics. As we enter this recession we are painfully reminded that laissez-faire is ineffective and leaves us at the tender mercies of the market.
A vote for John McCain is a vote for continuation of the policies that have run the American economy into the ground in eight short years.
As President, Obama may not be able to turn things around immediately, but his policies and administration will at least be willing to bring the power of government to bear the problem.
Well, I guess we know who is spinning the airy rhetoric when it comes to what is happening right now, in reality, in America.
Sen. McCain, thanks for your service to your country, but you've never come down from the clouds when it comes to economics. And do you think that Governor 'Cuda really understands what's driving up the prices of lipstick and bullets?
Comic-book heroes aren't going get America back on track. It's time for the Real Guys to get in there and roll up their sleeves.
John McCain mistakes a middle school in California for the vital medical center - Walter Reed - that treats our heroes with precious medical care. Out of touch? How in g-d's name would he be able to fix our economy - the repuclican party is a bloated collective of incompetents!
thank you Obama the man of sense
At some point we are going to have to pay for the billions and billions of dollars that have been frittered away over the past 8 years.
Might as well start sooner than later.
We need to get all those big corporations to start paying taxes, not paying lobbyists.
The change we need is to Change from the DEMOCRATIC CONTROLLED CONGRESS we have had for the last 2 years...We do not need 4 more years of Nancy Pelosi or Harry Reid...When they took control 2 years ago, we were not in the economic MESS we're in now... Since we do not live under a dictatorship, it is Congress, not the President, to blame for our woes...Their approval rating is LOWER than the president's....Put the blame where it belongs....
Oh man, neither of these idiots has any clue. So, we need to wait until January to start getting help. Trust me it isn't happening in January either. What about Congress and Nancy P. 9% approval rating, they haven't done anything either. All the money the government gave be back to me, a whopping $500.00 bucks went right to gass and heating oil. Come on people!!!! Wake up!!! We need change alright. Change on the level of a Revolution. If it was okay do for our "Fore Fathers" to do then why not us. We need someone to step forward and demand change and "TAKE IT". We need to stop asking. I'm tired........ aren't you?
" real estate investments?" Most of us that only have one residence call it home not a " real estate investment" that is a term used for properties other than you home. Community Colleges? Hey John, that takes a couple of things most people dont have anymore, like time and money. People are working longer hours for less pay, it leaves little of either for family and food. I think education is great but people have to actually be able to get it. After 8 years of governence by John Mccain's party, few people can afford to work less hours to go to school to get the better job for more pay. Besides isn't working in your Community, helping people get organized and retrained for these jobs a joke? Ms. Palin said community organizers don't answer to anyone, so therefore they must not do anything either.
This is the McSame "solutions" the politicians in Washington have always spouted with the McSame results, fewer jobs and a more desperate populous. I am sure many people would love to "put the Country first" but it is hard to do that when you work 50-60 hours a week and can barely feed your family or put a roof over your head. But what do I know, I am just a normal person not a POW.
Well McCain HAS to keep saying that so enough people are mislead into thinking that Obama will raise THEIR taxes, when in fact he'll only raise taxes on those supporters of John McCain....the wealthy.
But I love how he's now against "the gov't" when its that same base he's pandering to that elected the current administration TWICE.
He does not care about average people. Our wallets aren't quite big enough to make a difference.
As I promised last night, I will fight for those that lost their jobs, savings, and real estate investments.
Says it all right there. Some people actually live in there houses, Sen. McSame. Because they've only got one.
But don't worry, John. Here come the little yapping lickspittles to squeak their protests against raising taxes on Britney Spears, Paris Hilton, and your wife.
McCain's statement is just empty rhetoric. Is there any concrete plan? Are there any concrete numbers to back his plan? I am still waiting.
Why does McCain keep lying and saying Obama will raise taxes?
Obama quote
" I will cut taxes for 95% of all working families and provide an immediate $50 billion to struggling states so that they don’t have to cut back on health care and education and can rebuild roads and schools.
McCains quote
When our economy is hurting, the last thing we should do is raise taxes as Barack Obama plans to do and has done.
Enough is enough if McCain wants my vote please stop lying and tell me what you stand for and how you plan to help me and the rest of the american people and stop telling us what you think we want to here. Give me details not fluff.
Republicans believe that giving money to the rich is an investment. While giving money to the poor is an outrage.
But the last 8 years have shown that tax breaks to the rich only generate large budget deficits and do nothing to stem job losses, curb inflation or encourage the stock market.
The ugly truth is the rich man has more tax incentives to invest abroad than to invest in this country --- never mind that every business investment carries the risk of fraud and loss.
At least the poor man has no choice but to spend his welfare checks here (or should we use the Bush terminology 'economic-stimulus checks'?)
I am voting for the Democrats only because I can't swallow the lies Republicans have been feeding me anymore.
I believe the taxes I will be paying to support welfare cheats will be less under Democrat rule compared to the taxes I am currently paying to support corporate cheats under Republican rule.
After all, you can still buy a hamburger for less than a dollar. But bailing out big business takes billions of dollars.
The proof is in the numbers...that is, the numbers in Obama's response vs. the lack of numbers in McBush's.
It tells me that Obama understands the situation and how to attack it and McBush, well - doesn't.
The proof is in the numbers...that is, the numbers in Obama's response vs. the lack of numbers in McBush's.
It tells me that Obama understands the situation and how to attack it and McBush, well - doesn't.
That crusty old doofus can't even tell us how many homes he has. Why would ANY sane person want him as president????
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