Tuesday, August 11, 2009

Mail Call!



“U.P.S. and FedEx are doing just fine,” Mr. Obama joked. “It’s the post office that’s always having problems.”- President Obama August 11, 2009


We know what sort of problems the USPS is facing. Falling revenues and increasing obligations to retirees and projected cuts in service are turning the USPS into a federal money pit. Sounds lke another government business: the auto industry. I suppose we can expect USPS-like efficiencies and level of service from Obamacare. Perhaps Obamacare will introduce the "forever co-pay." Pay more now to lock in your co-pay forever. Hopefully, not too many people wind up in the dead letter office.

Maybe the USPS can figure how to solve their problems by looking to Medicare, uh...maybe Social Security, well....surely there has to be some government program that doesn't ultimately become insolvent? Right?

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