Here’s a letter that I sent yesterday to the Baltimore Sun:
Jerrold Brotman is right to worry that government-run health care will be no more efficient than the U.S. Postal Service (Letters, August 22).
Worker productivity today is four times greater than it was at the end of World War II, and – with the advent of the jet engine, the Interstate Highway system, and other advances in transportation technologies – transportation costs are much lower. So a postal service responsive to consumer demands would today supply its services more efficiently and, hence, at lower costs.
Alas, however, the inflation-adjusted price of a first-class stamp is today 22 percent higher than it was in 1945.
Donald J. Boudreaux
UPDATE: from Carpe Diem (via Coyote Blog).