In today’s edition of A+O+C=zero, our leader of the Democrat Party, AOC, has yet another brilliant idea to save the country
Does she even realize how right she is? The USPS has been a non-profit forever and would indeed be the ideal vehicle for a banking system that can’t make money. In fact the USPS has such a horrific track record it bears revisiting an article from over 50 years ago that illustrates no amount of time is sufficient for government run programs to become efficient.
Forget profitable, how about just stop being a money pit? Kinda cool reading about dreams of the future before we even had a fax machine though.
The premise of AOC and crazy Bernie is that absent a profit motive the government can better deliver basic services to Americans. Reality is that USPS banking would merely result in yet another taxpayer subsidized wealth transfer. It’s merely taking money from those who actually pay taxes and giving it to the poor. No different than any other progressive socialist program that empowers the government and people like AOC and Sanders.