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Has anyone asked what has become of Caterpillar?

Remember in February when President Barack Obama -equipment maker Caterpillar has informed him it will rehire some of the thousands of workers it has laid off in recent weeks if Congress passes an economic stimulus bill.

"So once Congress passes this plan, and I sign it into law, a new wave of innovation, activity and construction will be unleashed all across America. We'll put people to work.."

"Think about all the work out there to be done, and Caterpillar will be selling the equipment that does the work."
~Barack Obama Feb 2009

We were in such a hurry to pass the Stimulus, but why?

Answer Question
 
Anonymous

Asked by Anonymous at 7:33 AM on Nov. 4, 2009 in Politics & Current Events

Answers (19)
  • Caterpillar to Rehire 550 Workers, Dismiss 2,500


    So are the 550 jobs saved? Created?  And where do the 2500 jobs laid off fit into Obama's equation?

    grlygrlz2

    Answer by grlygrlz2 at 7:34 AM on Nov. 4, 2009

  • The fact that Obama ever made the appearance at Cat in the first place to make any kind of guarantee about jobs proves he's a moron. He's from Illinois. He KNOWS how Cat works. Nobody with half a brain who knows even remotely about Cat would go anywhere near the place to make ANY kind of labor statement. It's like going to a meth lab to push your rehab program.
    NotPanicking

    Answer by NotPanicking at 7:45 AM on Nov. 4, 2009

  • What gets me is that according to Obama's economic advisor~ Most analysts,” said Romer, in testimony before the congressional Joint Economic Committee, “predict that the fiscal stimulus will have its greatest impact on growth in the second and third quarters of 2009.” So how many more of those 18,000 jobs will see the long term economic growth in the remainder of 2009 and 2010? That IS what Obama predicted would come with the stimulus, right?

    grlygrlz2

    Answer by grlygrlz2 at 8:34 AM on Nov. 4, 2009

  • He's from Illinois.


    He's not from Illinois. He moved there to go to school and work as a community organizer. He knows nothing about construction, farming, heavy equipment or the like. He used the backdrop at the plant because he liked the one he saw on the movie Dave. It is all smoke and mirrors. Just like the visit to Indiana and the RV industry.

    jesse123456

    Answer by jesse123456 at 9:28 AM on Nov. 4, 2009

  • Are there any posters/Moms out there who have a neutral and non-biased opinion to share with us? It gets really tiresome reading all the same anti-Obama posts and reading Fox News Blogs here and seeing You Tubes that all bash our President. ANyone?.....anyone?
    Anonymous

    Answer by Anonymous at 9:33 AM on Nov. 4, 2009

  • Why don't you anon 9:33? I'm posting NEWS and CURRENT EVENT articles. LOL~Articles pertinent to what is going on in this nation, today. You have a problem with the CURRENT news? Then maybe you should be calling Congress and the White House and ask them to stop making spectacles of themselves and inflating and LYING about stimulus money... If they didn't MAKE the news, there would be NOTHING to report! LOL...So now~Bloomberg is bias?

    grlygrlz2

    Answer by grlygrlz2 at 9:39 AM on Nov. 4, 2009

  • Anon :33, feel free to post anything you like. I'm sure you are able to create a question; if you don't like the ones on here, post your own.


    Surely complaining and using and anon button are not your only talents! Post your pro-Obama questions! Show some initiative!

    mancosmomma

    Answer by mancosmomma at 9:47 AM on Nov. 4, 2009

  • How old was he when he lived in Kansas and what did his grandfather do in Kansas. He should know something about farming and road construction. Probably not much because he is an ivy league elitest community organizer who can't make a final decision on anything. He is only capable or organizing and rallying, no actual leadership.
    Anonymous

    Answer by Anonymous at 9:52 AM on Nov. 4, 2009

  • you'll be glad to know this jackass admin. is no longer working on a timeline. teehee.
    jewjewbee

    Answer by jewjewbee at 9:57 AM on Nov. 4, 2009

  • Cat. re-hiring workers really has nothing to do with construction in general. Every company winning bids already has all the equipment they need to complete the job, so purchasing new equipment is not an option. If you bid a job and purchasing new equipment is including in your bid, I seriously doubt you won the bid.

    Also with the construction industry and it's workers down who really does this benefit? The construction economy is so low that companies have resorted to bid-blowing, which means only the crooked contractors get the jobs that don't necessarily need the work, leaving ole Joe Blow in the dust.

    The only thing I can see Cat. benefiting from is the production of their 797, which is the largest dump truck ever, used for mining. On the other hand, they are custom ordered, take 2-3 years to produce, cost 3.4 million bucks, tires 30k a piece, and more to maintain. So who's benefiting from the stimulus?
    momtotrips

    Answer by momtotrips at 10:15 AM on Nov. 4, 2009

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