The Hill--Let's face it, the U.S. Postal Service is facing a large financial problem, and everyone agrees that it must be fixed. However, the exigency rate increase on the price of postage, recently approved by the Postal Regulatory Commission, amounts to little more than a short-term stopgap measure. Even worse, it will ultimately cause further damage to the long-term viability of the Postal Service.
Sure, the agency might see some short-term increases in revenue. But in an industry already fraught with competitive pressures, it makes no sense to add another negative feature that will lead to lower mail volume levels, while failing to bring about comprehensive postal reform.
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Sure, the agency might see some short-term increases in revenue. But in an industry already fraught with competitive pressures, it makes no sense to add another negative feature that will lead to lower mail volume levels, while failing to bring about comprehensive postal reform.
Read more!