The U.S. Postal Service should not blame the economy for its recent red ink, Dr. Joe Webb of WhatTheyThink? says in a brief but excellent podcast released today.
"As long as you set prices by a committee and not by a marketplace, you're bound to be out of touch," says the long-time printing consultant and commentator. He includes a chart showing that postal volumes, which used to track GDP, started trending downward in the second quarter of 2007 even though GDP was rising.
I especially like the theme music "Dr. Joe" has chosen for his weekly "audio charts" -- Bach's Bourree in E Minor. No, 70's rock fans, Bach did not rip off Jethro Tull on this one; Jethro Tull, like, ripped off Bach.