Cat CEO: we need a bigger construction stimulus | Equipment World | Construction Equipment, News and Information

Cat CEO: We need a bigger construction stimulus

Posted By Tom Jackson On April 30, 2009 @ 10:59 am In Construction News | No Comments

Jim Owens, the big dog at Cat, told reporters we need a bigger and more sustained stimulus ^[1]to bring the U.S. out of it’s recession. The remarks were made after a panel discussion on the global economy organized by the Chicago Council on Global Affairs.

I’d agree, especially seeing how less that 10 percent of the stimulus bill went to infrastructure construction.

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[1] a bigger and more sustained stimulus : http://money.cnn.com/news/newsfeeds/articles/djf500/200904291341DOWJONESDJONLINE000789_FORTUNE5.htm

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