Obama Statement on Unemployment Figures

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Thu Apr 3, 2008 2:16pm EDT

CHICAGO--(Business Wire)--
Senator Barack Obama released the following statement in response
to today's unemployment figures.

   "Today's job news is the latest indicator of how badly America
needs fundamental change from Bush-McCain policies that have been
devastating for working families and catastrophic for our economy.
While George Bush and John McCain's answer to this recession has been
to watch it happen while pushing for more tax cuts to the wealthiest
Americans, more families are facing foreclosure, rising costs, and
disappearing jobs. It's time for a new direction, with immediate
relief for homeowners, a second stimulus package that expands
unemployment insurance and helps state and local governments, and
investments in millions of new jobs to strengthen our economy. Our
economy is struggling because the American people are struggling, and
simply bailing out investment banks on Wall Street will not help Main
Street."

Obama Press Office
312-819-2423

Copyright Business Wire 2008
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