Saturday, February 25, 2012

Postal Implosion Gathers Force | Via Meadia

Postal Implosion Gathers Force | Via Meadia:
The postal service is an example of where the blue model goes when it has jumped the shark. Old technology, expensive and unproductive labor, crushing pension and health care burdens for retirees plus insane congressional mandates that make sound management impossible: not even a monopoly on mail delivery can rescue an organization weighed down with these burdens.

Congress should spend more time passing laws to protect the public against the depraved greed of insider trading legislators and worry less about micromanaging institutions it doesn’t understand and can’t run.

And the country should be thinking about how we sell off the USPS to private investors while there is still something to sell.