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CATO Institute becomes George Bush's latest Bitch



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Apparently, lies are now part of the program at the CATO Institute. Though someone needs to tell them that it helps when you don't link to your own press release proving that you're lying.

Compare this from CATO's blog post today:

The anti-reform coalition has made a mantra out of the phrase “there is no crisis” when it comes to Social Security. They have even constructed a blog dedicated exclusively to convincing the world there is no Social Security crisis called “There Is No Crisis.”

But it appears the anti-ownership crowd has miscalculated in making this their principal talking point. According to a Cato Institute survey conducted by Zogby International, only 6.7% of all Americans agree with this sentiment. Meanwhile, a majority of Americans (52.2%) believe Social Security “is facing serious problems" and requires "major changes." Moreover, a plurality of older Americans (37.8%) feel Social Security is facing serious problems and requires major changes. You can read the entire poll by clicking here.

In addition to being untrue, the “there is no crisis” argument against Social Security choice is simply -- literally -- unbelievable.
Wow. Their own poll shows the majority of Americans believe there is a crisis. Or does it? Check out the rest of that poll they cite, detailed in their own press release posted 5 days ago on their Web site:
"[F]ew voters (14 percent) agreed with President Bush that Social Security was in 'crisis.'"
Uh, so your point would be?

Kudos to Matt Stoller at ThereIsNoCrisis.com for catching this.


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