The new pension-accounting standards for governments were bitterly opposed by unions and many pension administrators, but they are good for governments, their employees and their taxpayers.
In choosing a courageous path in the health-care ruling, the chief justice acted to protect and strengthen institutions that are in a very fragile place.
After decades of gains, millions of Americans are slipping into poverty just as they near retirement age. The result will be a crisis for governments — one that they should be thinking about now.