I've met DeJoy; he seemed a nice (and, importantly, competent) enough individual. My local PO lady has only good things to say about him and the changes he's enacted. Given the structural issues the USPS faces, I think he, or anyone else, in that job was going to have a tough go of it. Criticism from all sides, etc.
I don't doubt there's significant managerial bloat, which can and should be taken care of. It's all well and good for Elon to go on TV wielding a chainsaw, though; it's another to act in a way that will actually pull USPS out of its death spiral.
This is all quite simple. Difficult, but simple. Unless we're drastically slashing the network footprint and delivery and hiking prices (as happened in Denmark over the last couple years - no universal service obligation, no post offices, a letter abroad costs ~$7 to mail), USPS will have a high cost floor that you can only
Elon cut your way out of to a certain degree. Given the universal service obligation, there is a cost floor, and a pretty high one at that. Trimming the bureaucratic fat needs to happen, but costs will still stay high.
Therefore, USPS needs to come up with new revenue, new money coming in the door, to fund all of the existing obligations and keep the big network going.
The obvious place to start is to do what other postal administrations elsewhere do, and offer financial products. Folks on the political right have done their utmost to prevent this from happening:
Quote:
In previous editions of this column, we have examined one simple way to enact nationwide postal banking in this country. By partnering with the Federal Reserve, which already functions as the bank to commercial banks, the Postal Service could enroll everyone in the country with an individual government-secured account to generate savings, pay bills, and conduct other basic financial services.
Unfortunately, new legislation in the House of Representatives would foreclose that possibility if enacted. The CBDC Anti-Surveillance State Act, proposed by Rep. Tom Emmer (R-MN-06), would prohibit the Federal Reserve from offering "products or services directly to an individual" or "maintain[ing] an account on behalf of an individual."
(
https://apwu.org/news/magazine-camp...hrough-fed).The libertarian argument against this is outlined here:
https://reason.org/commentary/posta...n-to-sender/Not a very convincing argument, given that their solution is to just privatize USPS and make it a publicly traded company, which, as has been pointed out earlier in this thread, POTUS and others are against.
(It also strains credulity - which private sector investors would willingly pump a ton of cash into such a loss-making enterprise?)