Tuesday, November 24, 2009

USPS Bailout

Surprise! The United States Postal Service is losing money!
Before 1963 first-class postage was $0.04. Since then it has
increased 1100%!
The obvious problems are:
Being a monopoly, there is no competition
Employees are not hired/promoted on merit
Far too many stamp designs are created each year
Many groups - including politicians - are subsidized

A suggestion is to allow competition for first and third-class
mail.
Also sell only "Forever stamps". I am a stamp collector, and I
personally hate the thought. The reality is a hundred designs -
many for political/ideological purposes - per year is wasteful!

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