(It seems like Obama has NO CLUE what he is doing. – promoted by EaBo Clipper)
At yesterday's press briefing President Obama claimed 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."
He repeated that claim today.
The only problem for Mr. Obama is, Jim Owen is saying the exact opposite. Last month Cat laid off 22,000 workers. Asked if he thought the "Stimuless" would help Cat, 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."
The more I see this administration in action the more I'm reminded of this: