There’s nothing wrong with the Postal Service’s business model that can’t be fixed by ceasing to run this essential government agency as though it were a business. EricLevitz writes
Congress could take the Postal Service to such great heights. Photo: Erik S. Lesser/EPA-EFE/Shutterstock Imagine if the United States had a federal agency so well run that it had maintained a 90 percent approval rating even as the public’s trust in other institutions had cratered.
If you are President Trump, a congressional Republican, or a centrist Washington Post columnist, then the answer is yes. Trump may boast the most absurd position in this debate. But Beltway centrists who present “structural reforms” to the USPS as an objective, apolitical necessity are arguably more dangerous. In truth, there’s nothing wrong with the Postal Service’s business model that can’t be fixed by ceasing to run this essential government agency as though it were a business.
All of the above refers, of course, to the financial crisis engulfing that venerable, and vital, institution known as the U.S. Postal Service. The columnist never acknowledges that the Postal Service was not always expected to cover its own costs, or that requiring it to do so was a political choice. Instead, he suggests that it is an objective, mathematical fact that the Postal Service “cannot survive” unless it slashes compensation for its workers and service for rural Americans.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Postal Service Unveils Plan To Pay Debts With New $1 Trillion StampWASHINGTON—Faced with the prospect of complete financial ruin due to the Covid-19 outbreak, the U.S. Postal Service officially unveiled a plan Tuesday to pay off its debts by issuing a new $1 trillion stamp. “As part of our effort to remain solvent and continue serving the American people, we are proud to introduce this unique, die-cut postage stamp printed on a sheet of solid gold and featuring a custom rendition of the Postal Service logo hand-engraved by famed German artist Gerhard Richter,” said Postmaster General Megan Brennan, predicting the “highly collectible” stamp, which features a VVS diamond-studded border and a watermark made from rare, Renaissance-era Tyrian purple dye, would be of interest to any entity capable of raising the capital to purchase it. “This thing is a philatelist’s dream—frankly, it puts all your Inverted Jenny and Hawaiian Missionary stamps to shame. So get yours while you can! Honestly, we just need to sell one of these things and we’re good. Please help us. This is our last hope.” Brennan added that with its $1 trillion face value, the stamp could be used to send “just about anything you can stick it to,” from a postcard to a shipment of stockpiled ventilators requested by a governor who demonstrates sufficient fealty.
Read more »
Postal Service says it's going broke due to pandemic, Trump flatly opposes emergency aidUSPS anticipates 'a $13 billion revenue loss directly to COVID-19 this fiscal year and a $54.3 billion additional losses over 10 years,' according to Postmaster General Megan Brennan.
Read more »
Fully Fund the United States Postal Service | MoveOn
Read more »
Why Trump is indifferent to the crisis at the US Postal ServiceAs federal policymakers ponder a series of economic rescues, the USPS will obviously be among the key beneficiaries, right? Wrong.
Read more »
Coronavirus may give President Trump a long-sought chance to privatize the Postal ServiceWhile the postal service is a quasi government agency, it is in a unique position since it has not been funded by taxpayer dollars since the 1980s. Instead, the post office relies on its own revenue from mail services
Read more »
Trump Vs. The Postal Service: Behind The Movement To #SaveTheUSPSA Washington Post report on Saturday said that the president rejected relief for the independent agency.
Read more »