Source: Common Sense
by Paul Jacob
“Donald Trump can’t turn the U.S. Postal Service over to private hands with a wave of his hand. But he can push to make it happen. Three people ‘with knowledge of the matter’ say that he has discussed the possibility with Howard Lutnick, his choice for commerce secretary. USPS never makes money. It costs taxpayers billions every year. In fiscal year 2023, it lost $6.5 billion; in the next fiscal year, $9.5 billion. If privatizing the agency does happen, the transition probably won’t be seamless, not even if we can surmount the opposition of the powerful postal union. Fortunately, we already have many private alternative ways of shipping information and packages, from encrypted email to UPS and FedEx.” (12/20/24)
https://thisiscommonsense.org/2024/12/20/trump-ponders-privatizing-post-office/