August 11, 2009
Obama just defeated his own argument
"UPS and FedEx are doing just fine....It's the Post Office that's always having problems."
Can I get a 'duh'?! How many BILLIONS of dollars has the Post Office lost to prove that government can't even deliver the mail at a profit. How can we expect government to deliver affordable healthcare?
By the way, the Post Office has a monopoly on letter delivery, so the fact is that UPS and FedEx can't even compete on that level. Government health insurance will bankrupt private insurance because it can run at a loss, just like the Post Office, and stay operational. This is pure and simple economic waste.