We have discussed continuing problems the Federal Aviation Administration is having implementing a new air traffic control (ATC) system. And we’ve contrasted it with Canada’s privatized ATC system, which is one of the best in the world.
Downsizing Blog
Example of Why USPS Should be Privatized
The Washington Post is reporting that the U.S. Postal Service is delaying the scheduled closure of some of its postal outlets. The USPS, which lost $8.5 billion last year, originally sought the elimination of 3,200 of its 36,000 outlets. However, following an outcry from members of Congress whose districts would be affected by the closures, the number under consideration was reduced to a paltry 162.
Can NASA Compete with SpaceX?
That’s the question posed by the Orlando Sentinel’s Robert Block in an article comparing NASA with SpaceX, which is a private space transport company:
Privatize the FAA
Bloomberg is reporting more bad news for the nation’s air traffic control system, which is run by the Federal Aviation Administration. The FAA is $500 million overbudget and six years behind schedule on a $2.1 billion technology upgrade project.
Privatizing Roads
A major shortcoming of the deficit reduction plan concocted by the president’s Fiscal Commission is that it assumed that the federal government should continue doing everything it currently does. For example, the plan proposed a 15 cent per gallon increase in the federal gasoline tax to fund infrastructure projects. But why not allow the private sector to play a greater role in financing and maintaining infrastructure like roads?
Huge Cost Overrun for FAA's NextGen
A year ago I discussed problems that the Federal Aviation Administration was having in trying to implement an overhaul of the nation’s air traffic control system. The “NextGen” overhaul would replace old-fashioned radar technology with modern satellite-based GPS navigation.
Disability Benefits Unsustainable
The disability insurance component of Social Security was created in 1956 to provide income support to individuals aged 50 to 64 who were permanently disabled. As is typical with government programs, eligibility and benefits were greatly expanded over the subsequent decades.
The Case for Privatizing Transit
A new policy analysis from Randal O’Toole eviscerates the “one industry [that] has unquestionably been socialistic for decades: urban transit.”
Postal Service Announces $8.5 Billion Loss
The U.S. Postal service has announced a net loss of $8.5 billion for fiscal 2010. Since 2006, the USPS has lost $20 billion, and the organization is close to maxing out its $15 billion line of credit with the U.S. Treasury. Although the USPS has achieved some cost savings, they haven’t been enough to overcome a large drop in revenue due to the recession and the greater use of electronic alternatives by the public.
Republican Agenda: Privatization
In coming months, new Republican members of Congress will be looking for ways to cut the budget deficit and also to increase economic growth. One way to do both is to privatize government assets, such as the U.S. Postal Service, Amtrak, and the air traffic control system.