Saturday, September 26, 2009

JUST LIKE THE POST OFFICE

Democrats moved Thursday to give special relief to the financially strapped Postal Service, which would be allowed to defer $4 billion in payments due at the end of this month to cover retirement benefits for its employees.

Since Obama himself offered the USPS as the model of the public option, we can point to this as the inevitable result of a government program in a private market. When it fails or runs over its revenue, the government will inevitably act to subsidize it. The public option will be no different at all in this regard.
Surprise, surprise.

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