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The assumption in this statement is staggering. If public Company A has costs greater than revenue and is therefore losing money, private Company B will theref
by pwinnski 5y ago
The assumption in this statement is staggering.
If public Company A has costs greater than revenue and is therefore losing money, private Company B will therefore (?) be able to provide a better service at lower cost? On what basis?
There is no private company today that does what the USPS does. It's easy to forget while living in the metro areas most of us live in, but Fedex, UPS, and DHL often contract out to deliver to rural addresses, because they don't offer universal delivery. The contract out to the USPS, which does because it's required to.
So no, I absolutely dispute that a private company would or could provide a better service than the USPS at lower cost. The USPS would be fine if not repeatedly and continually hamstrung by Congress, and no competitor comes close even so.
I mean, have you compared prices recently? Today, right now, private companies are providing arguably worse services (again, more limited delivery area) at higher cost[0].
0. https://goshippo.com/blog/which-is-cheaper-usps-vs-ups-vs-fedex/ https://goshippo.com/blog/which-is-cheaper-usps-vs-ups-vs-fe...
- germinalphrase 5y agoWe agree; however, the efficiency of private industry over the bloated lassitude of public services is an article of faith among many.