President Barack Obama said yesterday that Caterpillar Inc. will hire employees if the pork-bloated Generational Theft Act passed.
Today, Caterpillar CEO Jim Owens said it wasn’t true.
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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.