Obama Responds To Jobs Report

By: Vaughn Ververs
Topics: Economy

President-elect Barack Obama warned that economic times may get worse before they get better in a statement issued today. Obama was responding to the latest government report showing that the economy lost 533,000 jobs in the month of November, the largest jump in 34 years. Here's the full statement from the president-elect:

The 533,000 jobs lost last month, the worst job loss in 34 years, is more than a dramatic reflection of the growing economic crisis we face. Each of those lost jobs represents a personal crisis for a family somewhere in America. Our economy has already lost nearly 2 million jobs during this recession, which is why we need an Economic Recovery Plan that will save or create at least 2.5 million more jobs over two years while we act decisively to maintain the flows of credit on which so many American families and American businesses depend.

There are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better. But now is the time to respond with urgent resolve to put people back to work and get our economy moving again. At the same time, this painful crisis also provides us with an opportunity to transform our economy to improve the lives of ordinary people by rebuilding roads and modernizing schools for our children, investing in clean energy solutions to break our dependence on imported oil, and making an early down payment on the long-term reforms that will grow and strengthen our economy for all Americans for years to come.

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by cwdfreedom December 8, 2008 8:59 AM EST: obama is just proving again as to how unworthy is to hold the office of president. a president should be as much as an encourager and pep talker as anything else. but of course this a man who has shown he doesn''t care about the american no matter what our income, he just talks about taxing us more. he doesn''t car enough about th high cost of energy prices to do anything. he doesn''t car about jobs, he once said that his policies would sink the coal industry. he accepted funds from fannie mae and was part of the liberal''s who did not want to tighten up regulation''s when republican''s saw trouble and wanted to do something about and now obama has people on his team who had positions with fannie mae. just this weekend obama couldn''t even give a straight answer when ask about his smoking habit, but of course this is the same man who couldn''t answer a simple question about when life begins with anything better then "that is above my pay grade" and obama told countless another lies or dodge questions and truth so many times on the campaign and you guys who voted for him and some in big media allow him to get away with it. he has already lied to the polish president. now that is very disgraceful and obama should not be allowed to get away with this kind of bad behavior. is this kind of man you really want as president?; Reply to this comment