Shikha Dalmia on Why the Michigan Constitution Can't Protect Detroit's Retirees

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Credit: Mdrewe / Foter.com / CC BY-ND

Detroit's public unions have been despondent since last week when a federal judge effectively threw out all their legal arguments. The unions had approached multiple state courts to halt Detroit's bankruptcy filing on grounds that it violated their constitutionally guaranteed pension benefits. But as Shikha Dalmia observes, any way you look at it, at this stage the unions have to accept the cold reality that their city is broke.