@Racismdogowners The laws restricting letter delivery competition:
https://en.m.wikipedia.org/wiki/Private_Express_Statutes …
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The federal government needs the USPS to deliver tax bills and notices to people living in rural areas.
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@BobMurphyEcon - Modern Monetary Theory of the Post Office!
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These people don't even know about Spooner and the American Letter Mail Company!pic.twitter.com/UBMl48iB6d
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The reason monopolies are so hated is because they can do what they want with prices. The USPS, on the other hand, keeps prices low, meaning greater access for everyone. Their purpose is providing good service, not making as much money as possible
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They've lost $78 billion since 2007 and now want a $75 billion bailout, congress wants to give them 10b. They're not making money by any stretch of the imagination and their service is shit, in my personal experience.
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Private companies have every incentive to send mail to rural areas. They would charge market rates instead of losing money like the losers at USPS.
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People don't exactly send many letters these days. This would be a good argument if it weren't completely disconnected from the real world where the internet exists and private services would even bother sending letters to rural/unconnected areas for a reasonable price if at all.
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If you find yourself making consiquentialist arguments, stop and realize you’ve abandoned moral principles.
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