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Trump vs Bezos vs USPS
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<blockquote data-quote="bacha29" data-source="post: 3277078" data-attributes="member: 58386"><p>Here's the issue. USPS has a monopoly on first class letters. Now some are saying that the monopoly on letters creates an artificially high profit margin that allows USPS to subsidize it's box rates allowing it to undercut it's competitors. Granted, USPS shipping rates are regulated along with a lot of other regulations exclusive to USPS and the letter business is down this year 3% while it's parcel business is up 10%.Granted Trump has it in for Bezos. Perhaps because Bezos is the richest man in the world and Trump isn't. At the same time if Bezos corporation is making a killing while at the same time the vital USPS is hanging on by a thread perhaps Bezos cut rate shipping contract should be examined .</p></blockquote><p></p>
[QUOTE="bacha29, post: 3277078, member: 58386"] Here's the issue. USPS has a monopoly on first class letters. Now some are saying that the monopoly on letters creates an artificially high profit margin that allows USPS to subsidize it's box rates allowing it to undercut it's competitors. Granted, USPS shipping rates are regulated along with a lot of other regulations exclusive to USPS and the letter business is down this year 3% while it's parcel business is up 10%.Granted Trump has it in for Bezos. Perhaps because Bezos is the richest man in the world and Trump isn't. At the same time if Bezos corporation is making a killing while at the same time the vital USPS is hanging on by a thread perhaps Bezos cut rate shipping contract should be examined . [/QUOTE]
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