Category Archive: Against the U.S. Postal Service

Feb 20

U.S. Postal Service Lost Money Every Year Since 2007

Brian McNicoll, a columnist who follows the economic plight of the U.S. Postal Service, says the Service has lost money every year since 2007. The U.S.P.S. has lost more than $51 billion since the [2008] downturn began. The Service has not made a payment since 2011, and is more than $50 billion in arrears now. …

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Dec 04

How Government Regulation Crushed Lysander Spooner’s American Letter Mail Company

In 1844, Lysander Spooner launched a mail company called the American Letter Mail Company. Spooner’s company competed directly with the U.S. Postal Service, delivering letters and parcels between major cities in the eastern United States at a lower price than the government’s rates. Spooner’s company had offices in Baltimore, Philadelphia, and New York, and delivered …

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Oct 05

U.S. Postal Service Lost $5.5 Billion in 2014; Its Average Vehicle Gets 10 M.P.G.

The U.S. Postal Service lost $5.5 billion in 2014 and has lost many more billions over the past decade. Even as global trade, communications and shipping has skyrocketed, the Postal Service can’t operate efficiently. U.S. Postal workers are greatly overpaid. Hundreds, even thousands, apply for every opening. It might be said that the PRIMARY purpose …

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Apr 24

Federal Employees Are Now so Overpaid that Federal Agencies Set Job Applicant Limits

Statistically, a federal employee is more likely to die than to quit. Federal employees are paid so much that many hundreds–or even thousands–of applicants now apply for some federal openings, such as openings in the U.S. Postal Service. In the private sector, this would signal a basic “supply versus demand” solution: wages would be adjusted …

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