A decade after bonus-chasing executives like Angelo Mozilo crashed the economy, we need tax incentives to push companies to narrow the gaps between CEO and worker pay.
My mother’s father was a North Dakota postal employee, so on Christmas Eve, she never knew when he would get home. He was determined to keep working, my mom would tell us, “until every Christmas package that could be delivered would be delivered.” He started working for the Postal Service in 1911, and family lore has it that he sometimes had to trudge through the snow on horseback to deliver the mail.
As in my grandfather’s day, today’s postal workers have a mandate to provide universal service, delivering mail and packages to every American household at uniform rates, no matter where they live. That mandate has helped bind our vast nation.
This principle of affordable universal service is under threat. This year, the White House Office of Management and Budget recommended selling the public Postal Service to a private, for-profit corporation.
Read the full article at The New York Times.