Wednesday, February 11, 2009

Obama: Caterpillar Will Rehire If Stimulus Passes

President Barack Obama reports that machinery giant Caterpillar Inc. plans to rehire some of its laid-off workers if Congress approves a sweeping stimulus bill.

So Obama finds someone that is excited about the package. I nailed this one in January, when I wrote:

...unless you work for private equity or get your rocks off smelling newly poured asphalt, your standard of living is going to take a dive[ as a result of the stimulus package].

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