Former USPS Economist Details Mismanagement

Share this article:
A recently retired U.S. Postal Service economist has published a pair of papers claiming that the agency's mismanagement caused its current financial crisis.


Charles Guy, an adjunct fellow at the Lexington Institute, a think tank in Arlington, VA, concluded that a taxpayer bailout may be in the offing if postal management does not make major reforms. Facing mounting losses, the USPS has announced it will seek another rate increase this summer and has even floated the idea of ending Saturday mail delivery.


Guy sees it as part of a game of "chicken" between the Board of Governors and the Postal Rate Commission. "If they are not careful, it will be postal consumers and taxpayers who get burned, because higher postage rates and a government bailout may be needed if the postal service does not cut costs and increase productivity," Guy wrote.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

SAP Names New CMO and First CDO

SAP Names New CMO and First CDO

Maggie Chan Jones, who helped Microsoft transition to the cloud, takes over from new chief digital officer Jonathan Becher.

Toshiba Business Solutions Names Melo CMO

Toshiba Business Solutions Names Melo CMO

The 23-year content management veteran will lead new product and service development.

The Risk of Taking Email Full Throttle: Answers

The Risk of Taking Email Full Throttle: Answers

As VP of marketing for the fledgling Targeted Outreach, Tony Smith's charge was to help grow the company—but his gut felt he was walking the ethical line. How should he ...