Wall Street Journal (February 8)
2013/ 02/ 08 by jd in Global News
“Is there a better tutorial in government failure than a monopoly that loses about $25 million every day, like the U.S. Postal Service now?” With first-class volumes down a quarter in six years, drastic change is needed. The USPS wants to restructure, but is largely hamstrung by Congress. The latest plans will end Saturday delivery to save about $2 billion a year, but this would “still only solve about one-eighth of its financial problem.”
Tags: Congress, First-class, Mail, Monopoly, Restructure, Saturday delivery, U.S., USPS
