The NYT has devoted considerable print space to the problems of public sector pensions, often seriously exaggerating the size of the problems. It has also often overstated the generosity of the benefits, for example by failing to note that many public sector workers do not get Social Security, which means that their pensions will be their entire retirement income.
Today it went long on the exaggerating problems side of the picture telling readers that:
"The difference, $63 billion, is Nycers’...
Published on February 24, 2014 05:07