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by orky56 4865 days ago
USPS is an institution that provides a low margin business to the masses. The majority of mail is not the glamorous packages that can demand shipping rates in the $20-$50 range. It's the letter-sized envelopes and mailers that ensure that a postman stops at every residential & business address on a daily basis. That basic service the federal government guarantees ensures the USPS can't bring itself out of this rut until this changes. One solution would be to spin off the profitable portion to compete head-on and finance the low-margin side.