A couple of weeks ago, the House Oversight and Government Reform (OGR) Committee adopted the most anti-business bill imaginable, targeting a $1.3 trillion industry that employs 7 million to 8 million American workers with a destructively counter-productive bill called the Postal Reform Act of 2011. Although H.R. 2309 is squarely aimed at the half million mostly working-class Americans who work for the U. S. Postal Service, the bill would devastate tens of thousands of businesses – financial service providers, paper manufacturers, advertisers, printers, publishers, online merchants and pharmacy benefit managers – that rely on the Postal Service to make a profit. Put simply, it would destroy the USPS. The reaction: Silence. Jaw-dropping silence.
On Oct. 13, the Committee passed a bill that creates two new unelected and unaccountable government boards made up of people with no knowledge of our industry to dictate a top-down dismantling of an invaluable part of the nation’s economic and financial infrastructure. Not a peep is heard. A group of largely junior legislators who have no expertise in our industry follow the lead of some auditors on loan from the Government Accountability Office to radically restructure an enormous American industry from the clueless comfort of Washington, DC, and the business community goes mute. Astounding. A chaotic mark-up results in the adoption of one irrational amendment after another and the mailing industry yawns. Mind boggling.