Debunking the Junk
Recently, President Trump has added Amazon to his long list of foes. In a Tweet, he stated:
“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field!”
An uneducated, uninformed child, such as I, may glance at this Tweet and believe that Amazon is causing the loss of jobs and money for the United States Postal Service. This statement seems like a legitimate accusation on a powerful company that has monopolized and revolutionized online retail. Being the largest provider of online orders requires a partnership with a delivery system, thus: the USPS. While it may seem realistic for one company to cause the loss of money for another, this particular case proves to be false.
Yes, the USPS may have had a “net loss of $2.7 billion for 2017,” but their “package delivery, however, was one of the few bright spots in its latest financial statement.” In fact, “parcels brought in $19.5 billion, or 28 percent of USPS’ annual revenue” last year, contributing to “the largest revenue increase.” This evidence goes to show that Trump was incorrect in stating that the USPS loses “a fortune” due to Amazon’s services. (Tobias, 2018)
Works Cited
Manuela Tobias (April, 2018)
No, the Postal Service isn't losing a fortune on Amazon
Retrieved 5/3/18 from:
http://www.politifact.com/truth-o-meter/statements/2018/apr/02/donald-trump/trump-usps-postal-service-amazon-losing-fortune/
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