Once you get past his usual "puffery", using extreme-sounding adjectives in every other sentence.... there's kernel of truth behind what he said.
Amazon doesn't really need to receive government subsidies to ship items below normal cost. This shouldn't be about charging Amazon MORE than everyone else pays to ship packages, or even a suggestion that shipping prices aren't high enough across the board. But we absolutely SHOULD ask why it makes any sense to cut Amazon a special break.
By contrast, Amazon isn't really cutting customers much of a break - considering the cost of a "Prime" membership is something like $11 per month, or $99 for a year. Sure, that gets you access to the streaming movie and music content -- but the main reason "Prime" exists is to ensure you get free 2-day shipping on whatever you order.
The whole issue about pre-funding pensions? That's a big problem for the post office too, and needs to be corrected. But all the stats I ever saw indicated that even without that pre-funding requirement in place? The USPS was in the hole by millions of dollars per year. So that, by itself, won't make it profitable.
Trump has a point, actually .... (Score:2)
Once you get past his usual "puffery", using extreme-sounding adjectives in every other sentence .... there's kernel of truth behind what he said.
Amazon doesn't really need to receive government subsidies to ship items below normal cost. This shouldn't be about charging Amazon MORE than everyone else pays to ship packages, or even a suggestion that shipping prices aren't high enough across the board. But we absolutely SHOULD ask why it makes any sense to cut Amazon a special break.
By contrast, Amazon isn't really cutting customers much of a break - considering the cost of a "Prime" membership is something like $11 per month, or $99 for a year. Sure, that gets you access to the streaming movie and music content -- but the main reason "Prime" exists is to ensure you get free 2-day shipping on whatever you order.
The whole issue about pre-funding pensions? That's a big problem for the post office too, and needs to be corrected. But all the stats I ever saw indicated that even without that pre-funding requirement in place? The USPS was in the hole by millions of dollars per year. So that, by itself, won't make it profitable.