Today the Department of Labor announced that the number of U.S. workers filing new claims for unemployment benefits rose to its highest level in more than two years. In response to this troubling news, Senator Obama released the following statement:
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.
You can read Barack's economic plan for America here. If you agree that it's time for a new direction, consider making a donation, making phone calls, or volunteering in your community.
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