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">https://www.bloomberg.com/opinion/a... 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
https://abs.twimg.com/emoji/v2/... draggable="false" alt="❗️" title="Rotes Ausrufezeichen" aria-label="Emoji: Rotes Ausrufezeichen"> #SaveUSPS
For the finest in-depth report re the history of the attempts to privatize the USPS
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">ALEC/Koch Cabal Pursuing Privatization of the USPS for UPS and FedEX http://vltp.net/aleckoch-cabal-pursuing-privatization-postal-service-ups-fedex/">https://vltp.net/aleckoch-... #SaveUSPS #Privatization