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> The truth is that left to manage their own business the USPS would be making huge profits and pouring them both into innovation and services as well as the US
by justin66 7y ago
> The truth is that left to manage their own business the USPS would be making huge profits and pouring them both into innovation and services as well as the US Treasury.
Quite. People need to remember that they aren't permitted to set prices on their most important ("market dominant") products or even determine the days they work. The monopoly they get from being the USPS is the one nobody would ever want: having to deliver first class mail anywhere in the United States at a price they aren't allowed to set themselves.
- rayiner 7y ago> The monopoly they get from being the USPS is the one nobody would ever want: having to deliver first class mail anywhere in the United States at a price they aren't allowed to set themselves. That's the case for your local power company or water utility too. A government-granted monopoly (which the USPS has in the form of first class mail) is almost always accompanied by government-regulated rates.
- deleted 7y ago[deleted]