Just last month President Barack Hussein Obama (D) visited the large Caterpillar plant in East Peoria, IL, jauntily reassuring the workers  if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off."

(Obama was referring to the porkylus plan;Caterpillar laid off 22,000 in January.)
 
However, according to Caterpillar president  Jim Owens, he told Obama the exact opposite.

Asked if the stimulus package would be able to stop the 22,000 layoffs or not, Owens said, "I think realistically no. The truth is we're going to have more layoffs before we start hiring again"

"It is going to take some time before that stimulus bill" means re-hiring, he said.

Caterpillar Inc, the world's largest maker of construction and mining equipment, notified an additional 2,454 workers in three states on Tuesday that they were losing their jobs as the company continues to try to bring production in line with plummeting demand.
 
The bulk of the job cuts -- nearly 1,600 in all -- will come in Illinois at the company's plants in East Peoria, which makes track-type tractors and pipe layers, and Aurora, where it makes hydraulic excavators and wheel loaders.