Late to the party but let me see if I've got this straight.
Company in Chicago struggles to compete in this economy.
Rather than shut-down, said company decides to outsource labor to wherever.
Numbskulls with no understanding of macro-economics feel that shareholders should hang on to current, unsustainable situation, bleed cash, eventually go BK, liquidate assets, everyone loses their job, Pension Guarantee fund picks up the cost of the workers pensions, taxpayers hold the bag.
Did I miss anything?