You're currently reading an archived version of Jim Hightower's work.
The latest (and greatest?) observations from Jim Hightower are only now available at our Substack website. Join us there!
When a big-name retailer finds its sales in a slow downward spiral, the geniuses in the executive suite often try to keep their profits up by cheapening their product and delivering less to customers.
To see how well this strategy works, look no further than the declining sales at Walmart and McDonald’s. When the geniuses in charge of these behemoths applied the cut-back strategy, their slow decline turned into a perilous nose-dive. You’d think their experience would keep other executives from making the same mistake, but here comes an even bigger – and much more important – retail behemoth saying, “We have to cut to survive.”
Enjoying Hightower's work? Join us over at our new home on Substack:
That’s the pronouncement last year by the honcho of the US Postal Service, which has been eliminating employees, closing facilities, and reducing services for years. Each new round of reductions drives away more customers, which causes clueless executives to prescribe more cuts. In a January decree, USPS virtually eliminated overnight delivery of first-class mail, and it’s now planning to close or consolidate 82 regional mail processing plants. This means fewer workers handling the nation’s growing load of mail, creating further delays in delivery. The answer to this, say the slap happy executives, is – guess what? – to cut even more “service” out of postal service. They want to close hundreds of our local post offices and eliminate Saturday mail delivery (which is one of USPS’ major competitive advantages).
This is Jim Hightower saying… Fed up with the deliberate degradation of this vital public service, postal workers themselves are putting forth a vision and innovative plan not merely for USPS to survive, but thrive. With more than 70 other national groups, they’ve forged “A Grand Alliance to Save Our Public Postal Service.” To be part of its actions, go to: AGrandAlliance.org.
“APWU Asks Union Members to Build Support for Postal Bills,” American Postal Workers Union, February 19, 2013, http://www.apwu.org/news/web-news-article/apwu-asks-union-members-build-support-postal-bills