Apparently the Washington Post editorial board is partying over the fact that bankruptcy judges are imposing cuts in the pensions of retired public sector employees in Detroit, Michigan and Vallejo, California. An editorial in today's paper noted these cuts and told readers:
"Yet in many jurisdictions the balance has tipped too far in favor of public-employee benefits, largely because neither public-sector unions nor the politicians whose campaigns the unions support have any incentive to bu...
Published on October 09, 2014 18:35