
As usual, Jake Tapper is doing the work most MSM journalists will not (video is also at that link, or click here):
EAST PEORIA, ILL. — 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.
Hey – what’s a little exaggeration amongst a like-minded group of people, eh?
I know – it’s a classic tactic President Obama used all during the campaign, making big promises that in reality were not as cut and dry as he made them out to be, but that doesn’t mean that listening to them has gotten any easier, especially considering the bloated stimulus bill he’s pushing.
And speaking of, have you taken a look at it yet? Malkin’s got the highlights and lowlights here.
Related, via The Sundries Shack: Pray Your Members of Congress Took Speed Reading Lessons
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It is truly frightening that this is only the first month of Obama’s administration. My anger has truly turned to fear, not just fear of more 9/11’s headed our way, but fear that this buffoon is way, way, way over his head.
Lemon tree very pretty
and the lemon flower is sweet
but the fruit of the poor lemon
is impossible to eat
Oh man, this just gets better and better. This guy may actually make CARTER look like he has a clue.
Wow!!
It’s a minor point, but Jim Owens isn’t the *owner* of Caterpillar…just the chairman & CEO.
CAT’s market capitalization is $18B, so he’d be a lot richer if he *was* the owner…
Just fixed, david. Thanks.
Where ya been? Long time no see.
(actually, I have to admit it read better the other way…)
The solution is obvious, isn´t it? Nationalize Caterpillar.
This whole thing is insane. I hope that some Democrats come to their senses and vote no. Hold it up, so not only the the Congressmen and women, but fellow Americans can read it.
Obama is the biggest liar of a president we have ever had, and that’s saying something as far as presidents go.
Too bad the media only points out his lies and never the corrections. They made a big deal about him supposedly capping executive salary pay, but they never mentioned all the loopholes that made it completely ineffective, or the fact that congress dropped it entirely in the final bill.
An administration of smoke and mirrors. The country is doomed with this hack in charge.