dismonkey1
Verified Trader,
What does this mean in the grand scheme of things? Are there any benefits to privatizing the postal service???
Yes- It benefits rich stock and share holders of whatever private companies that swoop in to take over the most profitable remains. The USPS is profitable and is self funded; however, it always appears to be losing money because they forced to pre-fund fund retirement and benefit plans 25 years in advance. This was a poison pill introduced years ago by another Republican congress/ administration to make it appear that they are inefficient, delay capital investments, and to try to advance privatization. Untold millions of Americans in rural communities rely solely on the USPS for critical services. These are places that private companies wont go to or charge ridiculous fees for service. The USPS, when led by non-partisan, competent professionals is the gold standard of postal services with over 600,000 dedicated employees.
Make no mistake, what is happening now is an out-in the attempt to slow down mail service during a pandemic and during an election under the direction of the President through a Postmaster General who has massive conflicts of interests and a vested interest in seeing the USPS fail.
Oh and good luck with the sports card hobby in general if you are forced to use UPS or FedEx to ship everything.