The U.S. Postal Service is an unconstitutional monopoly which charges more than twice what a private firm would charge, yet which loses billions of dollars annually.
The government postal “service” has every possible market advantage, yet can’t seem to operate profitably. The U.S.P.S. pays no corporate, income, or property taxes and owns some of the world’s most prestigious real estate.
Now the “Service” is seeking to increase its stamp prices for letters from 50 cents to 55 cents–a ten percent increase. See here.
