Opposite on President: Trump Said Amazon Was Scamming the Post Office, His Administration Disagrees

[ThunderBlade + 231]

" President Trump spent much of last spring accusing Amazon of pulling a “scam” on the American taxpayer and ripping off the United States Postal Service. On Tuesday, his administration delivered its own verdict: Not so much. The task force created by Mr. Trump to investigate the Postal Service’s finances did conclude that the mail system is losing money. But a report issued on Tuesday said that commercial package delivery for Amazon and other e-commerce retailers was actually profitable for the Postal Service and was not costing the United States “massive amounts of money,” as Mr. Trump has suggested in his tweets. Commercial package delivery is not profitable enough to offset the revenue losses the Postal Service is suffering, however, as Americans mail fewer and fewer first-class letters, and the Treasury Department task force outlined several recommendations to help shore up its finances. None of the suggestions explicitly recommend the type of price increases that Mr. Trump floated last spring, when he posted a  tweet accusing Amazon of using the Postal Service “as their Delivery Boy.” And last December he tweeted that Amazon was getting “richer” while making the postal system “dumber.” “Should be charging MUCH MORE!” he wrote. But the report did include some recommendations that made online retailers uneasy. One would push the Postal Service to price package delivery to maximize profits, instead of maximizing delivery volume. Another would force the service to create separate accounting books for letters and for packages, which retailers fear could lead to an increase in package rates. Its top recommendations were to improve postal system governing to create a more stringent definition of which deliveries and which customers the Postal Service must include under its legal — but vaguely defined — “universal service obligation.”

https://www.nytimes.com/2018/12/04/us/politics/trump-amazon-post-office.html?smtyp=cur&smid=tw-nytimes

 

[PavelP + 15]

US citizens subsidize the post office, so they can give Amazon cheaper shipping. Amazon is only taking advantage of the situation.

[Petar + 76]

Amazon is scamming all their suppliers, transit contractors, and anyone else wanting to do cut throat business. "Bezos monopoly"

[50 shades of black + 254]

Bezos will find a way... he’s already buying planes

[rainman + 263]

In any case all that will happen is the consumers will have to pay more for Prime memberships and etc. Amazon will ultimately get their money.

[pinto + 293]

As I see it, battle not yet finished...Of course if the USPS goes too far, Bezos might just buy FedEx or UPS and solve his problems..

[Rasmus Jorgensen + 1,169]

1 hour ago, pinto said:

As I see it, battle not yet finished...Of course if the USPS goes too far, Bezos might just buy FedEx or UPS and solve his problems..

And the USPS would lose a lot of volume.