It seems to problems starting with the Postal Accountability & Enhancement Act
The hypocrisy of it all is amusing. USPS is a monopoly which government regulations help enforce (though they really aren't necessary) which makes it difficult for competitors to enter the market. Aside from that they are from the only government backed monopoly, they offer very cheap rates which the opposite is true for most monopolies on the consumer receiving end of it.
I don't oppose cost cutting or improving efficient, but getting rid of those unusual requirements would be a start.
Scrap the post office and let the invisible hand do its thing. What would the rates be, especially for those rural customers? Businesses that need to be able to ship packages?
$5 billion isn't much divided among all the US taxpayers, it is also a service they also use to some extent. At some point, someone will at-least have a letter which is important to receive. It pales in comparison to Defense spending which the Lion's share goes into hands of private defense contractors.
Local cites/counties/states often cough up the lions' share of professional sports facilities, while also agreeing to cover a team's losses if they sell less than 90% (NFL deals). The reason why they do this is because they're cartel taking advantage of the supply & demand but the ones harmed are taxpayers rather than consumers which is easier to address when it comes to anti-competitive.
Add it all up, here or there, post office isn't a big problem which the unreasonable requirements aimed at helping the private mail industry is clearly the thing that is "seriously wrong".
= new reply since forum marked as read
