Sunday, September 18, 2011

USPS Nearing Bankruptcy

According to the Chicago Tribune the USPS is nearing bankruptcy and would need to be bailed out at the end of next year. This is due to price control by the government, normal companies can raise prices but the USPS being a government agency must jump through bureaucratic hoops in order to increase the price of a stamp of package deliveries. The Tribune also says that this is unacceptable in America as companies should be entitled to use free enterprise to not go bankrupt. A simply solution to this problem would be to let the mail market become laissez faire and let customers chose who they want. Let's hope they fix this because i enjoy getting post cards and the occasional christmas card

1 comment:

  1. realized i forgot to cite
    "Unleash the Eagle", Chicago Tribune, September 14 2011, Karen Bleir

    ReplyDelete