Some states, New Jersey and Michigan come to mind, have decided that pensions for teachers and other public employees are too costly. So, they have cut back. Changed the rules. Old people have become too expensive. People retired, thinking they had a deal. Then the rules were changed. After the game was over.

First, a true story. A guy who delivers my firewood also takes down trees. I’ll call him Luke. I asked Luke to look at a massive cherry tree in my yard and he said he could take it down for 50 bucks. That was a good deal. A 30 minute job. Luke came back in his coveralls with his chain saw and well, it wasn’t as easy as we thought. The tree got caught up. He had to take down another maple next to it. Then he cut up the trunk into usable pieces for me. Took…