July 25 (Bloomberg) -- Those who believe in the usefulness
of government must be vigilant about making sure all its
activities are vital ones, since the unnecessary ones undermine
public confidence. With this in mind, Congress should now
privatize the U.S. Postal Service.
Further evidence for why this should happen came last week,
when the Postal Service announced that it would be unable to
meet billions of dollars in payments that are coming due in
August and September for future retiree health benefits.
Privatization is not always the best way to improve efficiency,
but the problems facing the Postal Service will be difficult to
address if it remains within the government, and there is no
longer any sound reason for it not to go private.