Senator Jeanne Shaheen sent out a letter this week which begs rebuttal. “I wanted to take a moment to update you on my work to protect the U.S. Postal Service,” she says. This is a problem. It has been a problem as long as Senator Shaheen has been a Senator from New Hampshire.
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USPS
Reform the Postal Service
Democrats and U.S. Postal Service officials are seeking a $75 billion bailout from taxpayers. Bad idea. They are trying to use the coronavirus to hide the bailout. But the USPS did not wake up yesterday and find itself in need of a $75 billion bailout.
US Postal Office Delivers An 8.8 Billion Dollar Loss in 2019 Report
If America wants to save some money, it should consider selling off the US Postal service. Aside from delivering junk mail and political flyers (more junk mail), its annual losses are doubling. USPS Buried an 8.8-billion-dollar loss in this year’s fiscal report.
Captive customers and the U.S. Post Office monopoly then and now….
I found myself in a post office yesterday. Gawd. I waited in line, and waited in line…and waited in line. The counter had
one, and only one, postal employee at “work.” She chatted and talked and chatted and talked with the captive customer ahead of me. And I waited some more…I waited longer than I’ve ever waited in line in a Publix or any other grocery store. I waited longer than in any Wal-Mart I’ve ever been in. I waited longer for service than I’ve ever waited at any restaurant that I didn’t walk out of.
Why did I put up with that? Because the post office has a monopoly of course! Why not open it up to free market competition? Oh no! We couldn’t allow that! The private companies would “skim the cream.” Rural service would suffer! Mail would be too complicated!
Oh bosh. Like food? Like shoes? Don’t we need a monopoly government service to make sure that “rural areas” get enough food and shoes? To make sure that some stores don’t “skim the cream” on food and shoes? But I digress. The reason the post office has a monopoly is that it’s a bloated political bureaucracy that has outlived its usefulness. You doubt me? Here’s what Thomas Jefferson had to say about the early post office: