Monday, August 17, 2009

In Summary

UPS and FedEx are doing just fine... ...It's the Post Office having problems.

There you go, do I have to say anything else?

As pointed out here, the package delivery business isn't terribly complicated. Yet even with a protected monopoly on a fair chunk of the market, the Post Office is not competing. Odd, most of the times I've had to go to a Post Office, I've spent a lot of time standing in line too...

From John Stossel's Take
His mistake is telling. If he didn't notice that the Post Office, despite providing worse service than UPS and FedEX, is bailed out by Congress, will he notice when a government-run health care plan is feeding off billions of your tax dollars?

Or would he care? Before the election he supported a single payer system. Subsidized co-ops would be an easy back-door way to achieve the same thing.

Would he care? That is the million-dollar (trillion) question... My guess is no, this is part of the plan.

How 'bout we deal with malpractice abuses? How much do frivolous claims affect my premiums? Nah, that could take income away from lawyers. What was it that Obama did before he was a politician?...

The good news is that people seem to be getting smarter about what is going on.

In summary, I think this quote by Milton Friedman says it best.

The government solution to a problem is usually as bad as the problem.


Post a Comment

  © Blogger templates ProBlogger Template by 2008

Back to TOP