From the Economic Policy Institute (http://www.epi.org/):
We must protect and preserve the Postal Service. We shouldn’t be rolling back the U.S. Postal Service, as Postmaster General Louis DeJoy plans to do. EPI’s Monique Morrissey argues that postal services should be expanded for the public good, not diminished by special interests.
What this report finds: The United States Postal Service is a beloved American institution that provides an essential public service to communities and good middle class jobs for workers. It is a model of efficiency and responsive to changing customer needs. But the conflicting demands made upon it by Congress and regulators put it in a precarious financial position even before the pandemic. Anti-government ideologues and special interests have long sought to privatize, shrink, or hobble the Postal Service. The Trump administration revived these efforts, spurred by the president’s opposition to mail voting and his animus toward Amazon, a major customer.
What needs to be done: The Biden administration and Congress must act to undo the damage and allow the Postal Service to adapt to meet unmet needs, including the revival of postal banking.
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