UPS Archives - The Tea Party Economist

Dead Letter Office: Post Office Wants an $11 Billion “Not a Bailout”

Written by Gary North on June 13, 2012

The head of the U.S. Postal Service has put it graphically: if the USPS does not receive $11 billion from Congress before summer is over, the USPS is Greece. That comment got a laugh from some his listeners. I am not laughing. The deficit of the USPS will nor be reversed. The system is mismanaged, […]

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The Oldest Government Mopololy Is Dying: Snail Mail

Written by Gary North on December 6, 2011

The U.S. Postal Service, better known as Snail Mail, will soon become more snail-like. It is going to slow delivery times. The U.S. Postal Service, having lost 29 percent of its first-class mail volume in the last decade, will slow its delivery service beginning next spring — the first time in 40 years — in […]

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