Quote Of The Day
John Stossel, on Obama’s use of the USPS as an example of how well government works without destroying the private sector*:
But at least he’s willing to criticize the post office. On that note, economist Justin Ross points out on his blog how, for 44 cents, you could mail a letter via USPS – or buy a kiwi fruit that had to be grown and watered in New Zealand, picked, carefully packaged, and shipped across the world to a store near you.
* PS – Yes, I do realize that the USPS, by virtue of a statutory monopoly in first-class mail, has completely destroyed a private sector in that arena. Of course, most of the target audience of Obama’s speech don’t know that, which I’m sure is why he used the example.
