Hard not to see great gobs of it, but a particularly egregious case is the US Postal Service. Thanks to a union that most politicians bow to, the red ink flows year after year and the “service” now wants an increase in rates so it can pay more to workers who average $83,000 per year.
Today’s Wall Street Journal has an excellent editorial on this.
The solution is simple. Repeal the statute giving the USPS a monopoly on first-class mail and never give it another dollar in subsidy. It should compete for business just like any other enterprise.
