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: Instapundit.comWALTER RUSSELL MEAD: Postal Implosion Gathers Force. ?The Postal Service death spiral continues. D?
By Glenn Reynolds
WALTER RUSSELL MEAD: Postal Implosion Gathers Force. “The Postal Service death spiral continues. Delivery time is slowing, service is worsening, and postal rates keep going up. The WSJ reports that the USPS is planning cuts to more than 260 mail processing centers nationwide, which will eventually result in the loss of roughly 35,000 jobs. Oh, and it will need to charge five cents more to mail a letter. (When I was a kid, it costs three cents to mail a first class letter, and same city delivery was often faster than it is today.) This is what failure looks like: getting less and less done while sucking in more and more money. Yet Congress can?t help itself; led by Bernie Sanders it is trying to make a bad situation still worse.”
That’s what they excel at — especially when led by Bernie Sanders.
Full post as published by Instapundit.com on February 26, 2012 (boomark / email).
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