> “About 80 cents of every postal dollar pays for employee salaries and benefits (compared to less than 50 cents for Fed Ex and UPS).”
Stands to reason when you think it thru. FEDEX/UPS are hi-margin / lo-volume and the US Post is lo-margin / hi-volume.
Opening up the First Class monopoly won’t work because there is no money to be made in doing this. New Zealand has done this already: for the better part of a decade or more our postal system has been open to competition. And there are competitors for First Class door-to-door mail.
The problem is, none of the competitors can do it nearly as well as NZ Post, or as cheaply. By a very long short.
All told, the USPS does a really good job and runs a reliable, lo-cost service, despite its detractors. It isn’t as well run as NZ Post or Canada Post, but it is run better than HM Post in the UK.
If you Yanks were smart you would not allow Barry to touch your postal system. He’ll break it for sure.
If we were smart we wouldn’t let Barry touch anything! Too late for that.
If we Yanks were smart, Barry wouldn’t be in a position to muck about with anything!