Thread: Proof the Stimulas Worked

[quote name='Stinger' date='26 October 2009 - 12:25 PM' timestamp='1256574318' post='45013']

NOT



2/12/09



"And I'm not the only one who thinks so. 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. And that's a story I'm confident will be repeated at companies across the country -- companies that are currently struggling to borrow money selling their products, struggling to make payroll, but could find themselves in a different position when we start implementing the plan. Rather than downsizing, they may be able to start growing again. Rather than cutting jobs, they may be able to create them again."





10/26/09

Caterpillar said Monday about 2,500 laid-off employees will be permanently cut from the company and 550 others will be brought back to work by the end of next year.

[/quote]



hmm, i don't understand the "not" part. caterpillar IS rehiring some of its workers, it IS growing, and it IS doing better than it was. so yea, if you're for some reason going to use one company as a basis for the entire stimulus, then yes, the stimulus is working.

[quote name='nickcuse' date='26 October 2009 - 12:52 PM' timestamp='1256586772' post='45193']

hmm, i don't understand the "not" part. caterpillar IS rehiring some of its workers, it IS growing, and it IS doing better than it was. so yea, if you're for some reason going to use one company as a basis for the entire stimulus, then yes, the stimulus is working.

[/quote]





10/26/09

Caterpillar said Monday about 2,500 laid-off employees will be permanently cut from the company and 550 others will be brought back to work by the end of next year.



Lets do the math, 2,500 laid-off employees will be permanently cut from the company, those jobs will never come back according to Caterpillar, then he says 550 others will be brought back to work by the end of next year. One can only assume that the ones laid off were high paid employees that Caterpillar needed to get rid of and paid them to go. The new hires will be low paid jobs. The net result is a loss of 1,450 permanent jobs and 550 replacement workers will be low pay... I don't see any stimulus working here and with unemployment still on the rise it's not working across the country. Further the unemployment numbers are much higher than reported as they only count those collecting unemployment insurance.



Another point, by the end of next year is a long time from now and thus far not one of the 550 are hired yet. So don't hold your breath waiting.

[quote name='Forplay' date='26 October 2009 - 05:16 PM' timestamp='1256591808' post='45232']

One can only assume that the ones laid off were high paid employees that Caterpillar needed to get rid of and paid them to go. [/quote]



well no, YOU can assume that. i have no reason to.

The new hires will be low paid jobs.

accordning to what? another assumption? well we don't need to assume:



About 550 U.S. employees have returned or will return to work before year-end, including support, management and production employees

Another point, by the end of next year is a long time from now and thus far not one of the 550 are hired yet. So don't hold your breath waiting.

no, "before years end", as in THIS year, and the workers are already returning, see above quote. c'mon now, its just reading comprehension.

The libs are trying SO hard to make sense of Obama's disastrous policies. They're even ignoring all of the rhetoric Obama used right before he signed the thing.

[quote name='Stinger' date='26 October 2009 - 08:50 PM' timestamp='1256604623' post='45397']

Less than 20% of them and expect total employment levels to remain 16% lower than previously. Where are the jobs the stimulus was suppose to create?

[/quote]



they are slow to come, i'll give you that. but your op doesn't prove the stimulus didn't or isn't working. if anything it shows that it IS working, if maybe only a small amount. its a company thats doing better than it was a year ago, by all possible indicators, jobs, growth, and stocks.

[quote name='Six' date='26 October 2009 - 09:30 PM' timestamp='1256607033' post='45439']

The libs are trying SO hard to make sense of Obama's disastrous policies. They're even ignoring all of the rhetoric Obama used right before he signed the thing.

[/quote]



no, its seems to be the author of this thread thats ignoring whats clearly shown in the op. as are you apparently.

[quote name='Stinger' date='27 October 2009 - 10:45 AM' timestamp='1256654745' post='45672']

2500 are coming back at all in spite of Obama's announcement they would, so where is the stimulus? His own head of his economic advisors said this is it, next year will not see creation of jobs.

[/quote]



where in the following does obama claim all 2500 jobs would come back? in fact where does he claim that ANY jobs would come back:



"And I'm not the only one who thinks so. 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. And that's a story I'm confident will be repeated at companies across the country -- companies that are currently struggling to borrow money selling their products, struggling to make payroll, but could find themselves in a different position when we start implementing the plan. Rather than downsizing, they may be able to start growing again. Rather than cutting jobs, they may be able to create them again."



hes says these companies COULD find themselves in a different position, and that they MAY be able to start growing, and that they MAY be able to start creating jobs again.



well guess what, cat did all of those things. are you denying that cat isn't growing? that they didn't add 500 jobs? that their stock isn't rising? you're not denying those things, are you stinger?