- Joined
- Dec 2, 2015
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- 16,568
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- Independent
For every Amazon package it delivers, the Postal Service loses $1.46
The Postal Service is required to deliver to every mailbox or mail slot at the same level and price for everyone. Now that mail has receded, and package delivery has grown, the numbers no longer work. So as taxpayers, we are subsidizing Amazon’s delivery expense.
Being that the Postal Service is a constitutional entity, it will be an open question as to how this changes, but in fairness, it needs to change.
An old salesman joke: A salesman says, "We sell below cost." A customer asks how he can do that. "Simple," he says. "We buy below cost."
For a day or so last week, Jeff Bezos passed Bill Gates as the richest man in the world. And that's pretty much how he did it.
The Postal Service is required to deliver to every mailbox or mail slot at the same level and price for everyone. Now that mail has receded, and package delivery has grown, the numbers no longer work. So as taxpayers, we are subsidizing Amazon’s delivery expense.
Being that the Postal Service is a constitutional entity, it will be an open question as to how this changes, but in fairness, it needs to change.