Remember President Obama telling us that if the porkulus bill passes the Caterpillar company would re-hire laid off workers? Did you roll your eyes when you heard that one? So did I. We were right.
Today the CEO of Caterpillar, Inc. said it just ain’t so. From ABC News (of all places!):
President Obama today repeated the claim we asked about yesterday at the press briefing that Jim Owens, the CEO of Caterpillar, Inc., “said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off.”
Caterpillar announced 22,000 layoffs last month.
But after the president left the event, Owens said the exact opposite.
Asked if the stimulus package would be able to stop the 22,000 layoffs or not, Owens said, “I think realistically no. The truth is we’re going to have more layoffs before we start hiring again”
“It is going to take some time before that stimulus bill” means re-hiring, he said.
Hmmm, I wonder if this little bit of info will make it onto Good Morning America on Friday. Jake Tapper may want to update his resume.
That is embarrassing for him. I, too, rolled my eyes when I heard that yesterday. I knew there had to be something more to it. I should have guessed that Obama was probably just making the whole thing up.
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This is what is truly embarrassing…
http://www.humanevents.com/article.php?print=yes&id=30697
http://readthestimulus.org/
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