Stimulus would let Caterpillar rehire workers: Obama
Eisboch wrote:
Speaking of the subject header ....
Happened to note that although President Obama stated several times that
passage of the stimulus would enable Caterpillar to re-hire some of it's
laid-off employees and repeating it again while visiting the Caterpillar
plant while gesturing towards Owens, Caterpillar's president, Owens
seemed to contradict Obama's statement shortly afterward.
After Obama departed from the plant visit, Owens was asked if passage
now meant he would re-hire some laid off employees. His answer was,
"In all honesty, no." He indicated that there was a long ways to go
and that in reality there will likely be more lay-offs before any
re-hiring can begin.
Failure to communicate? Something screwy here.
Obama grasping at straws to sell his power grab bill. This is the
perfect opportunity for companies to do wholesale restructuring and
reorganizing using the economic climate as an excuse.
Obama again latched onto a statement made by Caterpillar's CEO. Rather
than doing the due diligence he just jumped at the chance to get in
front of the American people to show the effects of the stimulus bill,
even though it hasn't become law yet, are working.
The stimulus bill is still one big pile of pork.
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