Letter: Sowell wrong about Postal Service
Monday, January 23, 2012
Thomas Sowell’s Jan. 17 column questioning the place of the United States Postal Service is nothing more than a hit job and really does not qualify as analysis.
The current financial crisis at the USPS is caused by being required to fund their employees’ pension for 75 years forward. Conveniently, Sowell does not mention anything about that.
This requirement was established several years ago by Congress and is a clear attempt to drive the mail service into private hands. How much would FedEx or UPS charge for a piece of mail? A lot more than 44 cents, that is for sure (especially if they were required to have 75 years worth of pension funds in the bank).
Some people and businesses still depend on the USPS for cost-effective, reliable service. Publishing misleading columns like this does nothing to actually inform the public.Jon Cole