Summary

Donald Trump is considering privatizing the US Postal Service due to its financial losses, a move that could disrupt shipping and push hundreds of thousands of federal workers out of government.

Citing the USPS’s financial losses, Trump argued the agency should not rely on government subsidies.

While his specific privatization plans remain unclear, Trump previously clashed with the USPS during his first term, attempting to shift control of key functions like labor relations and rate-setting to the Treasury Department.

This move could significantly alter the structure and operations of the USPS if implemented.

  • @[email protected]
    link
    fedilink
    113 days ago

    I’m no economist but at some point doesn’t that fall apart? If everything needs to be generating then aren’t we creating a vacuum at the bottom or whatever? Money has to come in and go out equally in the end, no?

    • AgentOrangesicle
      link
      93 days ago

      Huh…

      Maybe if we just don’t think about that, things will turn out perfectly fine.

    • ℍ𝕂-𝟞𝟝
      link
      fedilink
      English
      10
      edit-2
      3 days ago

      It does, and that’s manifested in increasing labour requirements, and consumer spending.

      The US solves it by using slaves and debt.