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