Peter Schiff appeared on CNBC yesterday to contribute his thoughts on the dire straights of the US Postal Service and the government deficit.
“I think what it shows you is it’s very good politics when our leaders talk about reducing the deficit in the abstract. But they can’t even make the small cuts. I mean, these are trivial budget cuts in the Post Office. They can’t even make them. And if they can’t do this, how are they going to agree to the more substantive cuts that we have to have.”