A recent editorial in The Wall Street Journal takes aim at the U.S. Postal Service’s monopoly over first-class and bulk mail. After 200 years as a monopoly, I think the writer is on to something. Then there’s that two-year, $14 billion loss. Indeed, I believe it’s time for change to come to the post office.
For the full editorial, see “US Postal Service Needs to Cut Back and Make Changes,” The Wall Street Journal, August 22, 2009.