The USPS needs a major overhaul. It should be privatized and opened to competition. But instead of reform, congressional Republicans are moving forward with legislation that tinkers around the edges. Their bill adjusts retiree health care, hikes stamp prices, and retains six‐day delivery despite a 40 percent drop in letter volume since 2000. The bill would also create “new authority to offer non‐postal products,” thus threatening to increase the tax‐free entity’s unfair competition against private firms.
The Democrats overseeing postal issues are happy as larks with the GOP bill, which appears to be a victory for unionized postal workers. You might wonder what the point of electing Republicans to Congress is if they are just going to let Democrats run the show in defense of unions and monopolies.
Republicans see their party as the one favoring free enterprise and competition. Yet those pro‐growth goals are obliterated in America’s tightly regulated postal monopoly. When it comes to the postal industry, federal law defends bureaucracy and bans entrepreneurship, and the GOP seems to have no problem with that.