That all depends, unions have contracts too. Is it really any different.
I say they should be pressured to renegotiate.
IF the lawbesmirchers actually do as shoomir and friends are threatening to do, then it becomes at best a big time battle that they lose in the SCOTUS. At worst, they get away with writing a clearly unconstitutional law and every contract down in Whoville suddenly becomes something other than what was originally agreed to by all parties concerned.
The ramifications are beyond comprehension. Retroactive is one thing; these people are talking about rewriting contracts to compensate one party for its lack of due and prudent consideration of future unforeseen circumstances. They are telling the dealer to move their bet after the wheel stops on a number they have not covered. This is not simply rewriting the rules of the game; this is changing the rules to change the outcome after the game is over and done with.
“Constitution as a living document?”
Forcing unions and auto makers to renegotiate what by their doing become de facto null and void contracts? Now this?
I was taught that contracts were, unfortunately, necessary because the word and handshake of some cannot be trusted. If contracts are no longer binding, then what is? This is insanity.