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September 16, 2010February 3, 2015Don Soifer

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Keep a Closer Eye on the Post Office

September 16, 2010February 3, 2015Don Soifer

The Washington Times, Letter to the Editor

If a recent analysis by its Inspector General is correct (“Priority Mail Ads Don’t Fit Cost Audit,” September 9), than the Postal Service has been illegally overcharging its monopoly customers millions of dollars per year to subsidize its competitive product offerings.

With the future viability of the Post Office itself very much in doubt, and the Service itself predicting accumulated losses of over $100 billion over the next decade, these findings underscore the need for improved financial transparency to ensure that the postal monopoly is not permitted to subsidize the far murkier “competitive” side of its business.

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