Entirely unsurprising:
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.
The wonder remains whether or not Obama actually believes his Porkenstein will do good, or whether he’s just scamming us…he’s either a fool, or a con artist. Neither of which makes for a good President.
Liberals: Just please file this sort of post for later reference. When your Obamessiah completely flunks the test and Democrats are crushed in 2010 and 2012, you just remember that we told you before it was passed that the stimulus bill not only would not work, but would actually make things worse.
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