The Washington Post Always Has a Good Word for Those Who Take Money from High Living Retirees

Today Fred Hiatt celebrates Rhode Island's Treasurer Gina Raimondo, who cut public employee pensions while partially replacing them with 401(k) accounts that should mean millions of dollars in additional revenue for the financial industry. This is the sort of upward redistribution that the Post loves.

In the course of praising Raimondo, the Post throws in a few lines about the need to cut Social Security, trying to scare readers with talk of the program's $7 trillion deficit over its 75-year...