Wednesday, June 22, 2011

This Does Not Bode Well!

SEE HERE It's troubling when the post office does poorly. I remember when stamps cost 3 cents. "Gee you're old" I can hear the echo from grand-children. Then it was 4 cents and then 5 cents and so it went soon it was 10 cents and like everything else the government touches gets more and more expensive or I should say the money gets more and more worthless. Another echo in my head is "In the long run we are all dead." Thank you John (John Maynard Keynes), you're more part of the problem than part of the solution. With this suspension of pension payments the post office reminds us once again of how poorly the government tends to run anything that has something to do with money. They take it and they spend it inefficiently and profligately and irresponsibly as they inflate it and then come back demanding more. When do we close the candy shop?

2 comments:

  1. Don't even get me started on the Post Office and the over-paid employees.

    Until my husbands business morphed into mostly on-line, we were primarily a mail order business. We've had a snoot full of the USPS.

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  2. No doubt. The government has never known how to run a business. They can't compete so they only create monopolies and then highly priced ones.

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