in_the_media
Why the Postal Service can’t compete
Posted Apr 6, 2013
Media Outlet:
philly.com
The U.S. Postal Service is struggling to stay afloat as more individuals and organizations turn to social media to connect with others. Part of the problem is the Postal Service’s rigid financial structure. “The post office is prohibited from raising its prices beyond certain levels each year by the government,” said Douglas Webber, an assistant professor of labor economics at Temple. “The problem is that while their prices are essentially fixed, their costs are not,” he said.