How to Spread Misinformation

The Drudge Report (9/16/09) is featuring this headline (in scary red type): Obama Admin: Cap And Trade Could Cost Families $1,761 A Year… The link goes to a post, which declares: A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration’s estimate, the cost per American household would be an extra $1,761 a year. Well,there’s one problem: $1,700 is the upper estimate. The second, far more importantproblem: This was an analysis based on a plan […]