Lack of sleep is eating away at Megan McArdle, and she is bitter and down-spirited. Nothing can be done about unemployment because the government is incompetent, and the post office system should be allowed to die because it unfairly undercuts UPS and McArdle doesn't need it anyway. Pointing out counter-arguments would be futile, as McArdle is being paid to rail against government interference in the holy sphere of private enterprise.
We are out of time, out of money, and out of luck. Nobody knows what the future will hold for us but we do know that mortgages and loans will continue to fail, banks and businesses will go under, and deflation will be followed by inflation. Watching McArdle snipe at the government from her comfortable perch in the government's lap is like watching a bird peck its owner to death. Sure, you got rid of that annoying old biddie, but who's going to feed you now that she's gone?
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5 comments:
Hello,
I am not sure about the rest of you but you don't understand the importance of the US Postal system until you're pinched for cash.
The cost of sending important documents is far far greater when using something like UPS. I believe people are deluding themselves that a private entity could do a better job.
Let's not even discuss the benefits of having the USPS in terms of providing stable jobs to thousands of American. These tangible things are very hard to measure but important nevertheless all for 100 bucks. That seems like a bargain.
Regards,
"Megan McArdle is the business and economics editor for The Atlantic. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and the Economist."
Little Megan has had a somewhat checkered career
You would think it would affect her regard for the financial world, but she just can't quit them.
SoV, think of all the postal routes that would be eliminated because they weren't cost effective. Especiall if gas prices were to continue to rise.
USPS doesn't really need to be got rid of, but (like so many Fed Gov agencies) it MUST be remodeled, brought into the 21st Century. The Post Office must adapt, or they will be left in the dust by UPS & FedEx, which are NOT that wonderful IMO.
Back in the early 90's the Post Office tried to update itself, to get ahead of the (electronic) curve. They had a partnership with NASA and several Silicon Valley Computer companies to create a strong internet Post Office. I guess it fizzled out.
" ... but who's going to feed you now that she's gone?"
I used to wonder the same thing about Grover Norquist, another pap-sucker whose livelihood depends on the existence of the very government he says he wants to see extinguished. These encrusted barnacles should be careful what they wish for.
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