Sell the Postal Service!
By Andrew P. Napolitano — August 27, 2020
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It is a grossly inefficient entity which could never survive were it not a monopoly. How inefficient is it? In 2019, it lost $8.8 billion. Who makes up for the losses? The taxpayers.
No monopoly can exist without government violating the basic laws of economics. We have lived with this inefficiency for too long. It should change radically — after this November.
The postal couriers and their managers may be able resist snow and rain and heat and gloom of night, but to take on competition — to allow the economic laws of supply and demand to reduce prices and enhance services — will be too much for them to bear.
In 2021, the federal government should sell the Postal Service to the highest bidder.
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The Dead Old White Guys were pretty sharp but (imho) they blew this one!
Lysander Spooner — a little L libertarian icon — demonstrated that one could deliver mail cheaper, better and faster than the USPS.
It’s taken a while but it’s obvious that it’s time has past. Amazon will have to figure out another way to milk the public.