A Half-Decent New York Times Editorial

http://www.futureofcapitalism.com/2011/03/a-half-decent-new-york-times-editorial

It's ruined at the end by a call to raise taxes on the rich (or at least to keep rates the same by preventing the scheduled expiration of a tax increase), but the New York Times actually has a pretty sensible editorial about New York state government wages and benefits. Writes the Times, "It is also worth considering giving new employees the option to join what is known as a defined-contribution system, similar to the 401(k) plans widely in use in the private sector, and reducing the reliance on a guaranteed benefit system that has proved so ruinously expensive."

Newsbusters is unimpressed, faulting the Times for being critical of the Wisconsin governor, Scott Walker, at the same time the paper is urging the governor of New York to take a harder line against New York's public employee unions.

by Ira Stoll  |  Mar 6, 2011 at 4:06 pm Related Topics:  New York, Press, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list