One of the most obvious policy initiatives that the United States could undertake right now is is to seriously up the amount of help being given Mexico to bolster security along the US-Mexican border and to help to reform the Mexican judicial system. We... [read more]
The United States Postal Service and General Motors have a lot in common these days. Both are currently generating multibillion dollar annual losses, pushing products that ever fewer people want, burdening themselves with bloated payrolls and huge fixed-cost infrastructures, continuing to roll up enormous unfunded pension obligations, and contending with some of the largest and most powerful labor unions on earth. Both, too, are expecting the American taxpayer to bail them out. It's time to look for better solutions.