Another Texas Slimy Mendicant shows his Faux packaged attention span. "...And I'm not the only one who thinks so. Yesterday, Jim, the head of Caterpillar, said that if Congress passes our plan this company will be able to rehire some of the folks who were just laid off. And that's a story I'm confident will be repeated at companies across the country, companies that are currently struggling to borrow money selling their products, struggling to make payroll, but could find themselves in a different position when we start implementing the plan.<quoted text>
Leo this is what Obama said in Feb, 2009: Obama: Caterpillar will re-hire people if stimulus passes!! So I guess he was either lying than are like most of Obamas statements has an Expiration Date so I guess that one Expired .Right!!
Rather than downsizing, they may be able to start growing again. Rather than cutting jobs, they may be able to create them again. That's the goal at the heart of this plan, to create jobs. And not just any jobs, not just make-work jobs, but putting people to work doing the work that America needs done: repairing our infrastructure, modernizing our schools and our hospitals, promoting the clean alternative energy sources that will finally help us declare independence from foreign oil." (What does "may" as a verb mean to you?)
And from a different source: "After the president left the event, the CEO of CAT Jim Owens was 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 were 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.
Owens supports the stimulus plan, but said it would take some time to have an impact on his industry and is a little light on the heavy construction. Another corporate welfare suckin', lyin' ass CEO from the Greedy Old Prevaricators faction. What can you expect?