Should the United States Postal Service be privatized?
Only if they'll stay open later than 4:30.
What would be the point in that? We already have UPS and FedEx.
If the USPS goes private, you'll get ground beef instead of filet mignon.
It would save us so much money and a known fact of economics is that government should not stick its head into things that can be ran privately.
The USPS has been running fine & profitable for years. Why do you think the grubby corps have paid so many in congress to adopt the ridiculous amendment stating the PS must hold 75 yrs worth of pension per employee in escrow? No biz in the world...
could afford that. They all go under! Just like the USPS is now doing. They created the need to privatize so the big corps could own & make more $$! Instant Monopoly!
Nukimo, you make a valid point but you've built it up a little bigger than it should be. Postal services around the world are in trouble because of the Internet. More email = fewer letters. And the only monopoly here is the one the USPS already ...
... holds, access to your mailbox. But it's certainly true that the need to pay for 75 years of retiree benefits in advance is hurting them. Since no other government agency is required to do this it seems to be a direct shot at crippling the USPS.
Fredd, the USPS is not actually a govnm't agency. It was split into a separate entity run on it's own. The use of email sounds logically to be a cause of a downfall but in reality, the USPS was still doing fine despite the up take in paperless email.
The bulk of USPS $$ comes from direct marketing, & packages. Not letters like most people assume. Even that was profitable & paid for by the cost if stamps.
An interesting point would be if the privatized USPS got to keep their monopoly on your mailbox, or if access would be opened up to other companies.
Absolutely. It's been done in Denmark and the postal service is successful. Get ready for serious rate increases that can make it profitable.
It is. It's called FedEx
I like FedEx, you can rely on them. I've been waiting for three things from the USCIS, one mailed on the 5th, arrived the 8th, one mailed on the 3rd priority mail, arrived the 9th and one mailed on the 27th June has still not shown up. Nice job USPS!
The USPS is important. We use it at least twice a month for mailing packages. We cannot find the same deals and service anywhere else.
You know why? Because those prices are subsidized. You're paying the same price, just in different ways
True. But we couldn't afford the higher price of other companies. And until they lower all these taxes, were SOL
But do you acknowledge that what you're paying isn't what it costs to provide that service? It's absurd to think that a letter costs the same to send across town as it does across the nation. The USPS is a losing proposition.
To be fair, the USPS hasn't received direct funding from the gov't since 1980, only started losing money around 2008 (like many other companies) and are burdened with a law which makes them fund retiree health care 75 years into the future.
Having said that, unless they make a successful move into parcels (Internet shopping) and are allowed to increase postage for letters etc, I can't see how they can continue.
@rebel, but it's spread over a much larger contributing base. You pay totally cost for FedEx, but the difference you save for the postal service is split over 300 million+ taxpayers.
My standard answer for privatization is "hell no," but this is an exception. I don't think mail service is as important or relevant anymore. It's becoming obsolete. Unfortunately for the workers in the postal service.
Why don't you like privatization
Because I think many programs run by the government are afforded the ability to take a more holistic view of issues when the primary distraction of profit is removed. I think thy should be concerned with spending, but not primarily focused on it.
That is a very interesting observation. It did make me pause and consider my stance. I am still a fan of privatization as I believe that govt red tape is a leading cost factor, which means that many govt agencies have a poor return on investment.
I'm not exactly sure what this would mean. Anyone care to explain?
Sell the postal service and let them compete with FedEx. The tax payers subsidize the postal service with billions of dollars every year.
Yes, it's a bumbling failure.
I want whatever costs less.
Cost less for whom? Rates are subsidized by the tax payers. Privatize and the rates have to go up.
Usually when you have to ask "should this be private or public sector?" It should be public.
Tribe that's the most false statement I've ever heard.
Yea I was basically asking for a conservative to disagree with me on that lol
Or a libertarian
That's why I said conservative instead of republican. You would say libertarians are conservative right?
On fiscal issues, certainly not on social issues.
Question prompted by the plan to privatize the Royal Mail in the UK later this year.
Interesting article about Dutch privatization:
Do note that the Guardian is considered a centre-left paper for the UK, or what some would call extreme liberal here ;)