wrote:
On Wed, 11 Feb 2009 14:29:44 -0800 (PST), wrote:

On Feb 11, 12:01 pm, HK wrote:
Stimulus would let Caterpillar rehire workers: Obama
Wed Feb 11, 2009 12:43pm EST

SPRINGFIELD, Va., Feb 11 (Reuters) - President Barack Obama said on
Wednesday that Caterpillar Inc's (CAT.N) chief executive has said he
would be able to rehire some of the company's 20,000 laid-off workers if
Congress passes an $800 billion economic stimulus plan.

Speaking at the site of a highway construction project in Virginia,
Obama noted that the heavy equipment machinery giant had announced some
20,000 layoffs in the past few weeks as a result of the global economic
crisis.

"Today, the chairman and CEO of Caterpillar said that if the American
Recovery and Reinvestment Plan passes, his company would be able to
rehire some of those employees," said Obama. The president is scheduled
to visit a Caterpillar plant in East Peoria, Illinois, on Thursday.

To do what? Build heavy equipment that no one is buying?

Are you really that simple? A big piece of the plan is INFRASTRUCTURE.
That means fixing and building bridges, roads and other big stuff that
will require heavy equipment.


Infrastructure does not produce long term jobs. You can't keep pulling
money out of the economy and put it into infrastructure projects because
one day you will have no one to use the infrastructure. And, no more
economy to pull more money from.

On Wed, 11 Feb 2009 20:46:07 -0500, BAR wrote:

wrote:
On Wed, 11 Feb 2009 14:29:44 -0800 (PST), wrote:

On Feb 11, 12:01 pm, HK wrote:
Stimulus would let Caterpillar rehire workers: Obama
Wed Feb 11, 2009 12:43pm EST

SPRINGFIELD, Va., Feb 11 (Reuters) - President Barack Obama said on
Wednesday that Caterpillar Inc's (CAT.N) chief executive has said he
would be able to rehire some of the company's 20,000 laid-off workers if
Congress passes an $800 billion economic stimulus plan.

Speaking at the site of a highway construction project in Virginia,
Obama noted that the heavy equipment machinery giant had announced some
20,000 layoffs in the past few weeks as a result of the global economic
crisis.

"Today, the chairman and CEO of Caterpillar said that if the American
Recovery and Reinvestment Plan passes, his company would be able to
rehire some of those employees," said Obama. The president is scheduled
to visit a Caterpillar plant in East Peoria, Illinois, on Thursday.

To do what? Build heavy equipment that no one is buying?

Are you really that simple? A big piece of the plan is INFRASTRUCTURE.
That means fixing and building bridges, roads and other big stuff that
will require heavy equipment.


Infrastructure does not produce long term jobs. You can't keep pulling
money out of the economy and put it into infrastructure projects because
one day you will have no one to use the infrastructure. And, no more
economy to pull more money from.

You are that simple!

wrote:
On Wed, 11 Feb 2009 20:46:07 -0500, BAR wrote:

wrote:
On Wed, 11 Feb 2009 14:29:44 -0800 (PST), wrote:

On Feb 11, 12:01 pm, HK wrote:
Stimulus would let Caterpillar rehire workers: Obama
Wed Feb 11, 2009 12:43pm EST

SPRINGFIELD, Va., Feb 11 (Reuters) - President Barack Obama said on
Wednesday that Caterpillar Inc's (CAT.N) chief executive has said he
would be able to rehire some of the company's 20,000 laid-off workers if
Congress passes an $800 billion economic stimulus plan.

Speaking at the site of a highway construction project in Virginia,
Obama noted that the heavy equipment machinery giant had announced some
20,000 layoffs in the past few weeks as a result of the global economic
crisis.

"Today, the chairman and CEO of Caterpillar said that if the American
Recovery and Reinvestment Plan passes, his company would be able to
rehire some of those employees," said Obama. The president is scheduled
to visit a Caterpillar plant in East Peoria, Illinois, on Thursday.

To do what? Build heavy equipment that no one is buying?
Are you really that simple? A big piece of the plan is INFRASTRUCTURE.
That means fixing and building bridges, roads and other big stuff that
will require heavy equipment.

Infrastructure does not produce long term jobs. You can't keep pulling
money out of the economy and put it into infrastructure projects because
one day you will have no one to use the infrastructure. And, no more
economy to pull more money from.

You are that simple!

Me simple? Laundering money through the government is not going to
create wealth, create long term jobs and save your grand children from a
life of 80 to 90 percent income taxes.

On Thu, 12 Feb 2009 07:16:48 -0500, BAR wrote:


Me simple? Laundering money through the government is not going to
create wealth, create long term jobs and save your grand children from a
life of 80 to 90 percent income taxes.

No, but it may stave off this recession becoming a depression.

thunder wrote:
On Thu, 12 Feb 2009 07:16:48 -0500, BAR wrote:


Me simple? Laundering money through the government is not going to
create wealth, create long term jobs and save your grand children from a
life of 80 to 90 percent income taxes.

No, but it may stave off this recession becoming a depression.

Congress and Obama are working their hardest to make the recession last
longer with this "stimulus" bill. Obama with his pessimistic, gloom and
doom attitude isn't doing much to lead the country forward. He's got
everyone scared, hoarding cash and staying home. All the wrong things.
Congress sees this as an opportunity to fund pet projects to stimulate
their re-election campaign contributions.

BAR wrote:
thunder wrote:
On Thu, 12 Feb 2009 07:16:48 -0500, BAR wrote:


Me simple? Laundering money through the government is not going to
create wealth, create long term jobs and save your grand children from a
life of 80 to 90 percent income taxes.

No, but it may stave off this recession becoming a depression.

Congress and Obama are working their hardest to make the recession last
longer with this "stimulus" bill. Obama with his pessimistic, gloom and
doom attitude isn't doing much to lead the country forward. He's got
everyone scared, hoarding cash and staying home. All the wrong things.
Congress sees this as an opportunity to fund pet projects to stimulate
their re-election campaign contributions.


Obama is dishing out reality.

BAR wrote:
wrote:
On Wed, 11 Feb 2009 20:46:07 -0500, BAR wrote:

wrote:
On Wed, 11 Feb 2009 14:29:44 -0800 (PST), wrote:

On Feb 11, 12:01 pm, HK wrote:
Stimulus would let Caterpillar rehire workers: Obama
Wed Feb 11, 2009 12:43pm EST

SPRINGFIELD, Va., Feb 11 (Reuters) - President Barack Obama said on
Wednesday that Caterpillar Inc's (CAT.N) chief executive has said he
would be able to rehire some of the company's 20,000 laid-off
workers if
Congress passes an $800 billion economic stimulus plan.

Speaking at the site of a highway construction project in Virginia,
Obama noted that the heavy equipment machinery giant had announced
some
20,000 layoffs in the past few weeks as a result of the global
economic
crisis.

"Today, the chairman and CEO of Caterpillar said that if the American
Recovery and Reinvestment Plan passes, his company would be able to
rehire some of those employees," said Obama. The president is
scheduled
to visit a Caterpillar plant in East Peoria, Illinois, on Thursday.

To do what? Build heavy equipment that no one is buying?
Are you really that simple? A big piece of the plan is INFRASTRUCTURE.
That means fixing and building bridges, roads and other big stuff that
will require heavy equipment.

Infrastructure does not produce long term jobs. You can't keep
pulling money out of the economy and put it into infrastructure
projects because one day you will have no one to use the
infrastructure. And, no more economy to pull more money from.

You are that simple!

Me simple? Laundering money through the government is not going to
create wealth, create long term jobs and save your grand children from a
life of 80 to 90 percent income taxes.


Long-term jobs?

Those days are coming to a close.

"HK" wrote in message
...



Long-term jobs?

Those days are coming to a close.



They came to a close a long time ago. The days of mutual loyalty in
employee/employer relationships ended in the 50's and both are equally to
blame, if you want to point fingers.

Eisboch

On Wed, 11 Feb 2009 20:46:07 -0500, BAR wrote:


Infrastructure does not produce long term jobs. You can't keep pulling
money out of the economy and put it into infrastructure projects because
one day you will have no one to use the infrastructure. And, no more
economy to pull more money from.

Yeah, but it does produce jobs. Building and maintaining infrastructure
is a fundamental role of government, and one that we have been ignoring
of late. A lot of this stimulus package are projects the government
should be doing anyway.

thunder wrote:
On Wed, 11 Feb 2009 20:46:07 -0500, BAR wrote:


Infrastructure does not produce long term jobs. You can't keep pulling
money out of the economy and put it into infrastructure projects because
one day you will have no one to use the infrastructure. And, no more
economy to pull more money from.

Yeah, but it does produce jobs. Building and maintaining infrastructure
is a fundamental role of government, and one that we have been ignoring
of late. A lot of this stimulus package are projects the government
should be doing anyway.

Where has all of the money gone that was collected in the form of taxes
that was to pay for the upkeep of the existing infrastructure? All of my
gasoline taxes did they get co-mingled in the general fund of the
federal government and the state governments?

Why do I have to pay three, four and five times for the same thing?
Legislators, bureaucrats and judges should be in jail.