May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Saturday, August 22, 2009

Going Postal

Obama and his Statist followers use the words of capitalism while trying to force government controlled everything down our throats. He wants to have the government go into competition with health care providers. If he thinks that's a good idea, how about having transportation companies go into competition with the post office? Get rid of the postal monopoly.

Right now the post office is running about $7 Billion in the hole, and it'll be about the same next year. Can anyone name a business that can stay in business with that much debt? They don't even have to show a profit; they only have to break even! Good grief. To keep this loser running costs other business and homes (that's you and me) paying for this. Why is it acceptable for everyone else to prop these guys up? It's billions of dollars of money lost out of the economy that could be used productively.

That money doesn't go to efficiency and better business practices. It goes to unions. It goes to employees health care, which are 20%-30% higher than in the private sector. The Government Accountability Office says $500 million a year could be saved by bringing health benefits into line with those of other federal workers. I'm thinking, bring them into line with the private sector and save even more money. Lastly, it goes to inflated salaries. I don't have the breakdown of how much to each, but about 80 cents of every dollar goes to salaries and benefits.

There are divers ways to deliver mail. The post office is supposed to be able to stand on its own, and if it can't, tough. Other companies can.

1 comment:

Steven Dexter said...

Thank you for reading and the compliment.