Caterpillar Inc. is laying off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn.Remember our President Barack Obama tried to intimidate not only Cat's CEO but GOP Rep. Aaron Schock, who said the porkulus was a bad idea, what kills a skunk:
Tuesday, March 17, 2009
What infrastructure boom?
You may well ask. (But actually Caterpillar's CEO politely corrected the record at the time of the stimulus bill debate.) Crain's Chicago with more detail:
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