State Run Pensions: Just Because Something is New to the NYT, Doesn't Mean It Is New

The people who have been working for more than a decade to have states use their public employee pension systems to provide pensions to workers in the private sector will undoubtedly be happy to see the NYT's piece on the topic this morning. However they will be surprised to have the idea referred to as "new."

At the top of this list would be the Economic Opportunity Institute in Seattle, Washington, which has been promoting "Washington Voluntary Accounts" since 2000. They even got...