"...On a recent episode of NerdWallet’s Smart Money Podcast titled USPS’ Cash Crisis Hits More Than Your Mailbox, Plus The Debt Settlement Trap to Avoid, the guest framed the U.S. Postal Service’s predicament in economist’s terms: “I like to describe it as there is no free lunch. Economists love to say that, but for a long time, the American taxpayer really did get a free lunch in that we didn’t have to fund the Postal Service. It could fund itself through this protected business model, which is nobody else could deliver letters.”..."
This Article is From: 247wallst.com
