President Barack Obama says Caterpillar’s chief executive, Jim Owens, has told him the company will rehire some laid-off workers if the American Recovery and Reinvestment Plan passes. The heavy equipment maker announced more than 22,000 job cuts last month as […]
What’s missing from the stimulus bill proposals? Depending on who you ask you could get any number of different answers. In my opinion the critical thing missing is funding for an independent, non-partisan study of our economic structure with a […]
Are We There Yet?
Stimulus Bill Clears Hurdle in Senate“Senate Democrats on Monday advanced the $827 billion economic stimulus bill, clearing a major procedural hurdle by a razor thin margin with the help of just three Republicans. A vote on final passage of the […]
Close Only Counts in Horseshoes and Hand-grenades, Not Stimulus Plans
It hasn’t happened yet and doesn’t look like it will for a few more days — that would be the passage of the Stimulus Bill. It appears that the Senate and House are having problems reaching agreement over some of […]
Some New Machines From Las Vegas
Caterpillar showed eight machines and two new engines. I mentioned the 904H Wheel loader earlier in the week. The new Caterpillar 904H compact wheel loader comes standard with 52-net-horsepower and an operating weight of 9,900 pounds. It replaces the popular […]