The Washington Post Tries to Scare You on Public Sector Pensions

The Washington Post rarely tries to conceal its contempt for unions or middle class workers. In keeping with this spirit it ran a column today that was intended to scare readers about the extent to which public sector pensions will impose a burden on taxpayers in the years ahead. The column projects that the unfunded liabilities of public sector pensions will require:

"on average, a tax increase of $1,385 per U.S. household per year would be required, starting immediately and growing with the...