POLITICAL: USPS, an idea who’s time has past

http://www.downsizinggovernment.org/usps

Privatizing the U.S. Postal Service
by Tad DeHaven
November 2010

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Although the law says that postal employees should receive wages and benefits comparable to what they could earn in the private sector, the majority of economic studies examining the issue have concluded that a postal pay premium of 20%– 25% exists if just wages are counted and about 35% if the Service’s very generous benefits are also included. {33}

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The USPS is in a financial death spiral because of the myriad factors discussed. It faces a projected $238 billion in losses over the next 10 years under the status quo. To avoid a large and growing burden from being foisted on taxpayers in coming years, the USPS should be privatized and postal markets open for competition from FedEx, UPS, and upstart entrepreneurs.

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Policymakers resistant to reform often depict the USPS as a “national asset” that “binds the nation together.” But these days, it’s the Internet and our telecommunications networks that bind families and businesses together across the nation. It’s time to let go of the nostalgia for the USPS and bring America’s postal services into the 21st century with privatization, open competition, and entrepreneurial innovation.

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Of course, “Con”-gress gives itself free mail privileges. And, it is up to its “elbows” in local post office placement and such.

I can’t imagine what the free market will provide, but I’m sure it will.

Think about UPS and FEDEX released.

I’m sure they can do better.

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