> “You would have to work very hard to come up with a worse idea than having the government become a national bank executed through the post office,” [Sen. Pat Toomey, a Pennsylvania Republican] said. “Even if the U.S. Postal Service was the most competent, professional and best-run organization on the planet, they should not be in the business of banking.
> “We have banks,” Toomey continued. “The idea that the government is going to do a better job is just laughable.”
What a moron.
https://www.oleantimesherald.com/news/gop-senators-oppose-id...
But like other things during the 'Regeanomics era', it was cut, along with forcing the USPS to pay pensions 10 years in advance. The context does help to explain the reason why our USPS Grumman vans are well over their service life, and no where near retirement yet.
This is false, as the factcheck.org reference posted above in this thread makes clear.
Making money while doing something actually useful? Not my government, not when there's a tiny sliver of profit to be funneled to wealthy special interests!
But lawmakers in this country are allergic to having the government manage anything