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.

  • Obi@sopuli.xyz
    link
    fedilink
    arrow-up
    11
    ·
    3 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?

    • ℍ𝕂-𝟞𝟝@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      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.

    • rumba@lemmy.zip
      link
      fedilink
      English
      arrow-up
      5
      ·
      3 days ago

      The model has to change once you reach the vacuum state. Usually via violent implosion.