Press Release of Senator Feingold

Statement of U.S. Senator Russ Feingold on the Staggering November Job Loss Figures

Friday, December 5, 2008

“Today’s report that over a half million jobs were lost in November is devastating news for our already overstressed economy. With nearly two million jobs lost so far this year, Congress and the President cannot risk allowing millions more workers in the auto industry to lose their jobs. Congress and the President were willing to spend $700 billion to bail out Wall Street; we should be able to use a fraction of that to help save our manufacturing base and millions of American jobs. No one believes this should be a blank check. Congress and the President should approve a package for the auto industry that invests in American workers while requiring the industry to reform itself so it is better prepared to produce the fuel efficient vehicles Americans are demanding.”