A 'Minute-By-Minute' Guide to Misinformation
10/22/2008 by Gabriel VoilesAs a new anti-"big government" documentary named IOUSA gets largely uncritical treatment from various newspapers around the U.S., the Center for Economic and Policy Research provides a typically valuable service in the form of a new report in which Dean Baker and David Rosnick give "a minute-by-minute viewers guide of the film to highlight potentially misleading assertions." In the CEPR's announcement (10/22/08), Baker says that,
while there are serious economic issues the nation needs to be concerned about, the views presented in IOUSA are misleading and one-sided.... The fact that ballooning healthcare costs are at the heart of our budget problem, not a Social Security program that will remain fully solvent through 2049 as implied in the movie, are just two examples of the misstatements found in the film....
The American public has a right to know the whole story behind our current economic conditions so that we're not railroaded into making bad policy choices.... Unfortunately, IOUSA gives less than a full accounting of the issues at play.
Listen to FAIR's radio show CounterSpin: Dean Baker on Social Security (10/5/07)
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November 7th, 2008 at 12:00 am
[...] ability to manage its rising borrowing needs or in advancing another fiscal stimulus program." The real problem, according to the experts cited in the article, stems from long-term projections of rising costs, [...]