That's the point though. The USPS costs more then it takes in, by a lot. Yeah, it's due to regulators, but they're not going anywhere. That's exactly the argument against having USPS pick up additional responsibilities like banking. The USPS opens a bank branch in every post office, now those same regulators (who can't even agree on increasing the price of a stamp) are pricing loans and opening checking accounts? What reason is there to believe that would end well, especially when it's a whole new line of business for them?
Not complaining, but the fact I'm getting hammered by downvotes on all of these responses is mind boggling to me. I'm surprised how much of the tech world apparently thinks this is a good idea.
Not that I downvoted, but I think the downvotes are because your statement reads as a criticism of the USPS's internal competence and ability to run a successful operation. "The USPS is required to suck by external forces that we will not realistically be able to get rid of" is I think a pretty different position and one I'm more likely to agree with.
Fair enough. Nothing personal against the people of the USPS. I do think those same "external forces we won't realistically be able to get rid that require the USPS to suck" would also make them suck at banking though.
Not complaining, but the fact I'm getting hammered by downvotes on all of these responses is mind boggling to me. I'm surprised how much of the tech world apparently thinks this is a good idea.