President Obama’s Long Slide
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President Obama has taken a beating over the last year. His job approval ratings have dropped because people increasingly don’t trust his promises. Nothing illustrates that better than when President Obama told the nation that Caterpillar would start rehiring laid off workers during his visit to Caterpillar headquarters in Peoria, IL:
President Barack Obama said Wednesday that heavy-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.
“Yesterday, Jim, the head of Caterpillar, said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off,” Obama said today in Peoria.
The problem for President Obama is that Caterpillar CEO Jim Owens didn’t say that:
But when asked today if the stimulus could do that, Owens said, “I think, realistically, no. The honest reality is we’re probably going to have more layoffs before we start hiring again.”
That’s why this article is so interesting: (more…)
Posted in Author: Gary Gross, Democrats, Economy, Election 2010, Health Care, Obama, Pelosi | 4 Comments »