Saturday, June 6, 2020

Business Insider on the rise and fall of the USPS

I've shared two comedic takes on the USPS, Samantha Bee explains why we need to save the Postal Service at the end of April and John Oliver describes the plight of the United States Postal Service in the middle of May. It's about time for a serious report on the subject. Fortunately, I found Business Insider's The Rise And Fall of USPS during my writing of The rise and fall of J. Crew and JCPenney closing 154 stores, tales of the Retail Apocalypse earlier today. Please watch.

The United States Postal Service has been around for more than 200 years and is actually older than the United States. However, the organization that always makes it through rain, sleet, and hail may not make it through 2020. A law passed at the end of 2006, combined with the impact of the coronavirus pandemic, has led to most of the post office's current woes. Here's why the post office is $160 billion in debt.
Of course, the video mentions both the importance of the USPS in voting by mail during the COVID-19 pandemic as well as Trump's opposition to both voting by mail and bailing out the USPS. Both of those bear repeating, along with the message to save the USPS.

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