Bailouts, Benefit Cuts, Taxpayers And Promises: From The Mailbag

Getty There are, it will surprise no one, two sides to any story. Whether its private-sector multiemployer pensions or underfunded state and local public-sector pensions, some readers are adamant that benefits should be preserved because they were earned, fair and square, and others who insist, with greater or lesser degrees of sympathy for those affected, that, “if the money’s not there, it’s not there.”