President Donald Trump is reportedly exploring the privatization of the United States Postal Service (USPS) to “save money.” While the USPS serves rural communities by delivering essential items like prescriptions, groceries, and mail to remote areas, privatization could significantly impact these services. Privatizing USPS might lead to higher costs for rural residents, with delivery charges for the “last mile” being passed on to consumers. Additionally, essential services like door-to-door delivery could be cut back or reduced to fewer days per week.
Although USPS has faced financial struggles, including an $11 billion loss over the past two years, it has reported recent profits. Critics argue privatization could harm rural communities and small businesses, leading to higher costs and service disruptions.
Economists warn the plan could have a catastrophic impact on the USPS and the people it serves, especially in rural areas where delivery costs are disproportionately high.