"O’Donnell calls out Rep. McCarthy on his bogus economic talking points."
Today on MSNBC, Rep. Kevin McCarthy (R-CA) attempted to argue that the House economic recovery package needs more corporate tax cuts instead of infrastructure spending, arguing that it wouldn’t help create any jobs. McCarthy, however, was swiftly knocked down by host Norah O’Donnell:
REP. MCARTHY: Refurbishing a building, putting new grass down in a mall. That doesn’t create buildings. That doesn’t creates jobs.
O’DONNELL: Really? I would think you have to hire somebody to put the new sod down on the National Mall.
The plan to revitalize the National Mall is a very small part of the economic recovery package; conservatives are grasping at straws to justify their reflexive opposition. As the Wonk Room’s Pat Garofalo points out, “infrastructure investment creates more than 60,000 jobs for every $1 billion spent, versus just 10,000 jobs for every billion spent on a corporate tax cut.”