Public Since the Pony Express
Only in America would the USPS be the target UPS, FedEx, Staples, and Amazon — and getting help from Congress. In 2006 a law was passed that required the Postal Service to fund future retiree health benefits 75 years into the future. No other government agency nor any private corporation puts up with such political monkey business — not UPS, FedEx, especially not Amazon. Indeed, were it not for paying benefits 75 years ahead, the Postal Service would be self -sustaining.
But all these private delivery companies are not after taking over mail delivery and selling postage stamps. Every Post Office is located in the center of town and in a valuable piece of real estate. Imagine Amazon owning the building and being paid by McDonalds for putting up the Golden Arches on one side. It would be privatization in spades.
<< Home