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Obama: Catapillar Will Be Able To Rehire Folks Due To Stimulus Bill…Caterpillar Head Doesn’t Agree

Nothing I can add to this work from Jake Tapper, one of the MSM journalists of late who take their job seriously rather then trying to be a groupie for Obama:

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.

Obama lied about the stimulus plan? What a shock!

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