An overview of the us postal service as a monopoly

First of all you may want to take note that, "a monopoly, as many people know, is a market condition in which only one vendor usually a large corporation is in play. There may be other somewhat similar businesses, but a monopoly exists when only one business or individual can provide a product or service.

An overview of the us postal service as a monopoly

Us postal service monopoly US Postal Service Monopoly As many Federal departments and agencies lurch into an era of running without funds, the leaders of both parties of Congress are spending less and less time searching for a compromise to balance the budget, and more and more time deciding how to use it to their advantage on the campaign trail.

Meanwhile money is easily borrowed to pay for government overhead. In an attempt to change this, on June 29, Congress voted in favor of HConRes67 that called for a 7 year plan to balance the Federal Budget by the year Hager If this plan were implemented, in the yearthe U.

Government would have the first balanced budget since There is doubt by citizens that a balanced budget will become reality. These accusations of failure to follow through come with historical proof that Congress and Clinton have failed to compromise and resolve the issue.

After all, current budget plans are dependent on somewhat unrealistic predictions of avoiding such catastrophes as recession, national disasters, etc. History has shown that every budget agreement that has failed was too lax.

One might remember the Gramm-Rudman-Hollings bill that attempted to balance the budget, but left too many exemptions, and was finally abandoned in Weinberger So after a pain-staking trial for GOP Republicans to create, promote, and pass their budget, as promised on campaign trail 94, Clinton rejected the very bill he demanded.

This essentially brought the federal budget back to square one. Clinton thought such a demand on Republicans to produce a budget would produce inner-party quarrels and cause the GOP to implode.

Instead, they produced a fiscal budget that passed both houses of Congress, only to be stalemated by a stubborn Democratic President Clinton. Meanwhile, Clinton bounced back with a CBO scored plan with lighter, less risky cuts to politically sensitive areas like entitlements. Although Clinton is sometimes criticized for producing a stalemate in budget talks, the White House points out that the debt has gone down since Clinton took office, with unemployment also falling.

Example of a Monopoly: United States Postal Service

Republicans are quick to state that Clinton originally increased taxes in and cut defense programs, but his overall plan was for an increasing budget without deficit reduction. Startling Facts about the budget: At current rates, our government is about to reach its breaking point.

Not only economic development, but also family income is hurt by debt. With the cost of living going up, it becomes harder to find a job.

According to the Concord Coalition, real wages peaked in and have gone down ever since. This discretionary spending is the target for most cuts, and seems to be the easiest to make cuts in.

This could easily be trimmed by eliminating tax cuts and adjusting the consumer price index to reality. Democrats say the GOP plan is too lopsided, and Republicans criticize the Democrat plan for being unrealistic.

This should be more equally spread out across income brackets Hosansky This budget called for major cuts in education, environmental programs, discretionary spending, and the largest of all: Such cuts had already been partially implemented with the GOP cutting overall spending by 9.Nov 13,  · Company Overview.

United States Postal Service is a independent government agency that is overseen by a board of nine governors appointed by the timberdesignmag.com: () The United States Postal Service Overview of continuing actions to confront revenue declines through innovation Business Plan risks and sensitivities.

February 16, 2 Monopoly protection requiring competitors to charge 3x price for urgent mail.

Postal Service may have a limited statutory monopoly, the reality is that there are alternatives to every piece of mail. The Postal Service believes that the broad definition of USO should be maintained. Nov 13,  · Company Overview. United States Postal Service is a independent government agency that is overseen by a board of nine governors appointed by the timberdesignmag.com: () Only the Postal Service has a mission to deliver to the entire country. Only the Postal Service is required to forward the mail. Only the Postal Service delivers mail to our military and diplomatic personnel overseas. Remember also: Fedex and UPS are large organizations that move millions of pieces. But the Postal Service handled more .

Because Title 18 of the US Code, Section , commonly called the "Private Express Statute" (see 18 U.S. Code § - Private express for letters and packets) creates a monopoly for the movement of "letters" held by what is now called the US Postal Service. The law provides for a fine of up to $.

The United States Postal Service (USPS; also known as the Post Office, U.S.

An overview of the us postal service as a monopoly

Mail, or Postal Service) is an independent agency of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states. domestic letters in a month than the U.S. Postal Service averaged every delivery day: Brazil, France, Germany, Great Britain, and Japan.

2 In , the Postal Service achieved record rates for on-time delivery of First-Class Mail (United States Postal Service Annual Report, , 28). Only the Postal Service has a mission to deliver to the entire country. Only the Postal Service is required to forward the mail.

Only the Postal Service delivers mail to our military and diplomatic personnel overseas. Remember also: Fedex and UPS are large organizations that move millions of pieces.

But the Postal Service handled more .

Example of a Monopoly: United States Postal Service