Default Looms at Postal Service
JULY 31, 2012
“The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency’s solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink.” (USA Today)
This would be a good time to open mail delivery to the competitive marketplace.
FEE Timely Classic
“The Virtues of Competition” by George C. Leef