Shut Down the Post Office

The United States Postal Service, which is the federal agency that delivers our mail, has recently announced that it is shutting down around 3,700 across America, due primarily to the fact that the USPS is broke and has been in the red for quite some time.

The Postal Service, while being constitutional is nether the less a unnecessary, wasteful and monopolistic federal agency. The Postal Service does not allowing any private company to compete with it. As Jacob Hornberger describes,

What happens if a private-sector business tries to compete against this monopolist? Postal Service officials immediately run to their nearest U.S. Attorney’s office to complain. Some assistant U.S. Attorney then immediately runs to a federal judge, who immediately enters an injunction against the private-sector malefactor, requiring him to shut down his competitive effort.

A country that professes to believe in free market principles should not allow a monopoly such as the Postal Service to exist. Monopolies can only come about successfully by the power of government. A monopoly generated in a free market system is not only economically risky, but is also impossible to exist. This is because in a free market, monopolies will always be dismantled by competition. A free market monopoly cannot prevent new competition from entering the market.

Welfare-statists will argue that the solution is simply more funding for the Postal Service, despite the fact that it constantly loses money and is bankrupt. Instead of feeding this bloated and fat agency with more money from the taxpayers, why not just dismantle the Postal Service and allow private-sector companies to deliver the mail.

As Jacob Hornberger stated:

The free market produces the best of everything, while government enterprises and government-granted monopolies produce the worst of everything. In a free market, the consumer is king and competitors must constantly seek to serve him better in order to keep his business. With government businesses and monopolies, the provider doesn’t have to worry about losing anyone’s business to competitors.

Monopolies have no business in American life. Our heritage is economic liberty, private property, free markets, free enterprise, competition, and consumer sovereignty.