The US Postal Service enjoys every advantage in the market; yet it loses billions annually. It owns some of the most valuable and prestigious real estate in America, pays no state or federal property, income, or corporate tax, and has the power of eminent domain. And most significantly, the USPS has a government-enforced monopoly on its core functions.
Now the agency is UTTERLY FAILING to deliver mail. People in WA are reporting lost passports, ballots and other important mail.
The Postal Service claims it is suffering from a labor shortage. YET IT PAYS ITS EMPLOYEES TOO MUCH. Thousands of people apply for every opening. (In fact a few years ago the agency CAPPED applications because it received so many for each opening.)