Former USPS Economist Details Mismanagement

Share this content:
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.


close

Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here