by Michael Schuyler
December 11, 2012
Postmaster General Donahoe used the Greek analogy to help people understand the peril to mail users if the Postal Service were to resist the operational changes needed to control its costs. The government agency’s finances amply justify the postmaster general’s warning. If the Service follows Greece’s path of pretending for as long as possible that problems do not exist, the eventual outcome will be extraordinarily bleak. Although some of the Service’s proposals are open to criticism, it is to be praised for firmly rejecting the Greek approach and, instead, attempting proactively to return to financial self-sufficiency.