Spot the Reporter's Bias
By David Henderson
I don’t usually gasp when I read the newspaper because not much surprises me any more. But Juliet Williams of Associated Press made me gasp. In an article on California governor’s proposals to rein in the pensions of government workers, she writes:
The governor will also propose Thursday a mandatory “hybrid” system in which future retirees would get their retirement from a guaranteed benefit and a 401(k)-style plan subject to market whims.