CSPAN3 Key Capitol Hill Hearings April 3, 2015
Private competitors cost to pick up and deliver a package exceeds the Postal Services incremental cost to pick up and deliver the same package along with its normal service. At the same time the monopoly is the main reason the Postal Service needs subsidies. Think of it this way. In the absence of any legal monopoly the Postal Service would face full competition from private companies and be forced to undertake the strategies and investments necessary to match the productivity of the private sector in this area. It happens we can quantify that. Because, the bureau of labor statistics found tha...