"It Is the post office that is always having problems?"

Here is the president admitting that the government has a hard time running programs that compete against private industry. He cites the post office as an example compared to FedEx and UPS.

Yet, the argument is that a public government option will increase competition. You cannot argue both sides of that coin. The president is caught in a catch 22.

At the end of the linked video he admits that it is essential “that it is not setup where the government is basically being subsidized by the taxpayers so that even if they are not providing a good deal, we keep having to pony out more and more money.”

So how does the Post Office analogy hold up: “Postmaster General John E. Potter says the Postal Service now expects to run a record $7 billion deficit in 2009, up from projections in March of $6 billion.”

I don’t believe the government can fund this by creating cost savings. I don’t believe the cost projections coming from Congress or the Whitehouse. I don’t believe in “bending the curve.” I don’t believe the government will be able to be competitive without the taxpayer “having to pony out more and more money.” They have no plan. The economics of their scheme just do not add up.