News for hackers. Stuff that matters.
Re:USPS Estimates $230 Billion in Losses over Next 10 Years by scotch_drinker on Tuesday March 02, 2010 @10:06AM (#1161510)
It's interesting that 3 studies came up with the conclusion that the business model of the USPS is so poor privatization is untenable without considering the fact that maybe privatization would come up with a better business model. Right now, the USPS is a government sponsored monopoly that is failing spectacularly. Allowing private companies into the market might not only improve the business model but come up with something fantastically different that fits the needs of the consumers.

Looking at a failed business model and saying "That model is so bad even private companies couldn't fix it" seems like putting the cart before the horse. Private companies are going to find their own business model, one that isn't terrible, because their livelihood depends on it.

Re:USPS Estimates $230 Billion in Losses over Next 10 Years by psranga on Tuesday March 02, 2010 @10:29AM (#1161579)
They're "failing" just as much as private health insurance is "succeeding".

Just leave the USPS as is and do the incremental fixes required to make them break even. No need for them to make a profit.

Re:USPS Estimates $230 Billion in Losses over Next 10 Years by scotch_drinker on Tuesday March 02, 2010 @02:41PM (#1162302)
If that's true, then private health insurance is indeed succeeding spectacularly! I don't think that's what you mean though. But if the money alone is the judge, losing $230 billion over 10 years is very serious failure if you ask me. I'm curious what incremental changes could change the failure faster than giving private companies a shot to see what they come up with.