The creation of a task force to examine U.S. Postal Service finances comes after President Donald Trump claimed that Amazon, USPS largest customer, is getting service way below costs.  The Postal Service works on Sundays and delivers two-thirds of Amazon’s packages, but gives them a reduced rate. Despite the volume of work, USPS is heavily in debt. In 2017, USPS reported a net loss of $2.7 billion despite raising prices on stamps and flat-rate boxes- their only proven revenue streams.  With net losses in 2016 and 2015 at $5.6 billion and $5.1 billion respectively, a call for a taxpayer bailout is in their future.  The alternative is that the Postal Service will get their oversight agency, the Postal Regulatory Commission, to lift the cap on postal rates so they can dig out of its financial hole by spiking what consumers pay for services instead of fixing the way they do business.

Can the U.S. Postal Service avoid a bailout and begin to turn a profit? Our host, Shane Vander Hart, discusses this with David Williams who is President of the Taxpayer Protection Alliance located in Washington, D.C.

Listen to the podcast:

You can subscribe to our podcast on Apple Podcasts, Blubrry, Google Play MusicStitcher, SoundCloud, TuneInPodbean, or Spotify.

The Caffeinated Thoughts Podcast can only exist due to the generosity of our sponsors.

This show is sponsored in part by American Principles Project, a conservative political think tank in Washington, D.C. American Principles Project believes that human dignity should be at the heart of public policy. They work in all 50 states and in Washington, D.C. to promote life, religious freedom, local control over education, authentic economic progress for working Americans, and a return to constitutional principles, such as federalism. Want to help American Principles Project? Visit their website today. Sign up for e-mail updates, send a small (or large) donation their way, help them out. They are a great group.

Also, be sure to check out Travis Risvold of Modern Woodmen of America. Call Travis at 515-883-0029. He can help you find the life insurance YOU need.

You May Also Like

Episode 97: Tony Perkins Discusses the Persecution of Christians in Nigeria

Our host, Shane Vander Hart, and Tony Perkins, president of the Family Research Council, discuss the persecution of Christians in Nigeria.

Episode 50: Jonathan Williams on Iowa’s Economic Outlook

On the Caffeinated Thoughts Podcast, Shane Vander Hart discusses Iowa’s economic outlook with Jonathan Williams with the American Legislative Exchange Council. Plus, more Americans think porn is morally acceptable, religious liberty is dead in Canada, and Donald Trump has declared the North Korea summit a success.

Episode 92: A Conversation with Mariannette Miller-Meeks

On this episode of the Caffeinated Thoughts Podcast, Shane Vander Hart speaks with Mariannette Miller-Meeks who is running in the Iowa 2nd Congressional District’s Republican primary.

Episode 63: A Look Back at the Vietnam War

On today’s episode of the Caffeinated Thoughts Podcast, Brian Myers talks to his cousin, Lanny Stumbo, about his experiences during the Vietnam War.