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Yes, I do have a strong belief that environments that allow private individuals the freedom to experiment/innovate and compete with one another produce massivel
by bsbechtel 10y ago
Yes, I do have a strong belief that environments that allow private individuals the freedom to experiment/innovate and compete with one another produce massively better outcomes. However, my comment about the USPS was based on a series of stories in the news over the past several years about their financial difficulties and the closing of numerous Post Offices in small towns across the country.
Keep in mind the USPS has locked in one massive customer that continues to rely on post mail instead of electronic communication for virtually everything - the U.S. Government. So while yes, the USPS may produce better outcomes for the last-mile delivery, it is most likely being subsidized by the U.S. Government using their services to communicate virtually everything to 330 million U.S. Citizens. In that regard, UPS and Fedex are saving money off the back of taxpayers when they use the USPS to deliver packages to homes beyond their most profitable routes.
- ryneandal 10y agoI thought the reason for the massive debt solely related to the unfair pre-funding mandate of retirement benefits enacted by Congress.