Another blow for heartland workers: Slashed pensions
Things have been rough in the Rust Belt, but this was a particularly powerful punch in the pocketbook for Burruel, who started in the trade at 19 and worked 36 years before opting for early retirement to make way for younger workers. Unfortunately, this sagging industry doesn't have enough younger workers to pay for retirees like Burruel, whose pension plan is in what the U.S. Treasury Department calls "critical and declining status."
http://www.cbsnews.com/news/slashed-pensions-another-blow-for-heartland-workers/
...in other words, they have run out of (wait for it!)
"Other Peoples Money!"

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!