WASHINGTON (AP) - The financially struggling U.S. Postal Service said Wednesday it will stop delivering mail on Saturdays but continue to disburse packages six days a week, an apparent end-run around an unaccommodating Congress.
The service expects the Saturday mail cutback to begin the week of Aug. 5 and to save about $2 billion annually, said Postmaster General and CEO Patrick R. Donahoe. "Our financial condition is urgent," Donahoe told a press conference.
The Uninvited Ombudsman notes however that:
Only in government could the answer to declining revenues be to close for business one day per week. "If my business was hurting for money, the last thing I would do would close," said seven thousand businessmen interviewed for this story. "I would extend my hours, stay open late, offer extra services, cut prices, anything but close for a day and expect that to increase my margins and make business better," every single one of them said.
Leftists and bureaucrats applauded the move, displaying a total lack of understanding of an olden principle called capitalism, the engine that generated the most affluent society the world has ever known, the only proven method for lifting people out of poverty.
This pointed to a basic fact of business that every businessperson knows, that government does not, and supporters of government have never learned -- business creates wealth, government consumes wealth. If you're consuming wealth, it makes sense to shut down before you go bankrupt. If you're generating wealth, you need to stay open to make more.
See the story on how this works http://www.gunlaws.com/Page9Folder100up/PageNine-112.htm