http://www.cato.org/blog/after-eight-years-losses-end-governments-postal-monopoly
MARCH 2, 2015 4:34PM
After Eight Years of Losses, End the Government’s Postal Monopoly
By DOUG BANDOW
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The United States Postal Service lost $5.5 billion last year. That is the eighth annual loss in a row and the third highest ever. The only good news is that it remains below the red ink tsunami of $15.9 billion in 2012.
Why does the federal government deliver the mail? Why does it have a monopoly over delivering the mail?
The Postal Service one of the few government programs with actual constitutional warrant. Alas, America’s revolutionaries turned the system into a fount of federal patronage. Local postmasters became perhaps the president’s most important appointments. The Postmaster General was a member of the Cabinet from 1829 to 1971.
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Obviously, it’s a patronage boondoggle.
End the monopoly now.
Interesting that the PO is using FedEx and UPS to deliver to the PO’s and FedEx and UPS are using UPS to deliver to end Users.
Stop it all now.
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