Public Transportation and Smart Growth

is a time-honored tradition in both the public and private sector, alas.

Pensions are being cut in so many places, completely devastating people who did exactly what they were supposed to: worked at the same job for twenty or thirty years or more, who were promised a decent pension and often retirement health benefits.

People trash 401k plans and the like, but it you put the money aside, and invest in a diversified portfolio, you'll probably wind up better off than with a pension that suddenly disappears or is cut by two-thirds or more.