Obama: Caterpillar will rehire if stimulus passes

[brooklynite]

Source: AP

WASHINGTON (AP) - President Barack Obama says Caterpillar's chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes.

The heavy equipment maker announced more than 22,000 job cuts last month as it scales back production amid the economic slowdown.

During a visit to a transportation construction site just outside Washington in Springfield, Va., on Wednesday, Obama urged Congress to pass the bill.

...snip...

Obama said Caterpillar's CEO has told him that if the stimulus bill passes he would be able to rehire some of those employees.

Read more: http://www.breitbart.com/article.php?id=D969FVVO2&show_article=1

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Wait for the Republicans to say that Caterpillar would hire back even more employees if only Congress replaced all the spending with tax cuts...

[Hawkeye-X]

1. Has Caterpiller CEO even told Rush that he'll rehire if the tax cuts were included?

Hell no.

This is good news. It's a start somewhere.

Hawkeye-X

[pasto76]

2. infrastructure = equipment

hard to rebuild bridges, roads, dams and levees without my caterpillar D8 dozers.

[Tyler Generation]

3. The first domino I hope! nt

[Joanne98]

4. Caterpillar tried to get "Buy American" taken out. Screw them!