Jake Tapper at ABC reports: D'oh! Caterpillar CEO Contradicts President on Whether Stimulus Will Allow Him to Re-Hire Laid Off Workers
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.
The Team Obama strategy will be to claim any hires following the spending bill passing is the result of the spending bill passing. The bill is so vast and the money so widely dispersed that they will be able to show some connection, however implausible. Like the “six degrees of separation” theory or the logical fallacy post hoc ergo propter hoc: (“after this therefore because of this.”)
Someday, perhaps tomorrow or perhaps a decade from now we will come out of this recession. At that point, Team Obama will take credit. It’s what they do.
Meanwhile, the pratfalls continue. Judd Gregg being the latest.
UPDATE: Even the LA Times notices. Think of it! The LA Times, home of Obamamania.