Another Nail in the USPS Coffin

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Today’s news brings a story that is another nail in the USPS coffin.  The USPS is, of course, the beloved U.S. Postal Service.  And the bad news is that the government is about to stop sending Social Security checks.  Checks that were delivered by the USPS.  As the New York Times notes,

Beginning in March, all Social Security checks will be deposited electronically unless recipients apply for and receive a waiver to keep getting payments via paper checks.

Of course, .  As my lovely wife put it, “Pretty soon they’ll just be doing rural delivery.”  To which I replied, “Wait until you see what first class postage is then.”

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About Tony Lima

Retired after teaching economics at California State Univ., East Bay (Hayward, CA). Ph.D., economics, Stanford. Also taught MBA finance at the California University of Management and Technology. Occasionally take on a consulting project if it's interesting. Other interests include wine and technology.