The article highlights the significant financial losses faced by the United States Postal Service (USPS), amounting to $9.5 billion in fiscal year 2024 and projected losses of $6.9 billion for 2025. In light of these figures, Charles Lane of The Free Press posits that privatization may be a viable solution, referencing other nations that have successfully adopted this model. Furthermore, with the decline of traditional mail usage, as evidenced by Americans sending six billion text messages daily and a lack of personal letters, calls for a radical reevaluation of USPS services are emerging. Additionally, the article touches on the political side, discussing leaks in government and the inconsistency in responses from different political factions.
The United States Postal Service lost $9.5 billion in fiscal year 2024 and is projecting another $6.9 billion loss for fiscal year 2025, raising discussions about privatization.
Americans send six billion text messages daily, indicating a significant decline in traditional mail use, leading some to question if radical disruption is needed for the postal service.
With examples from countries like Germany and Japan, the article suggests that privatization of the postal service could bring about necessary changes given the current inefficiencies.
The Wall Street Journal's Kimberley A. Strassel addresses the issue of leaks in Washington and highlights a perceived double standard in how leaks are treated between parties.
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