Congress messed up the Post Office. @ritholtz says Amazon had nothing to do with it https://www.bloomberg.com/opinion/articles/2018-04-04/congress-not-amazon-messed-up-the-u-s-postal-service USPS is charged with delivering to every home and business in America, no matter how remote. It can only charge what Congress allows; increases require approval #SaveUSPS
Then there is the Postal Accountability and Enhancement Act of 2006 (PAEA), "the most insane law" ever passed by Congress. NO corporation could be profitable with the burden or pre-funding retirement benefits for 75 years❗️ #SaveUSPS
For the finest in-depth report re the history of the attempts to privatize the USPS👉ALEC/Koch Cabal Pursuing Privatization of the USPS for UPS and FedEX http://vltp.net/aleckoch-cabal-pursuing-privatization-postal-service-ups-fedex/ #SaveUSPS #Privatization
You can follow @ExposingALEC.
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