Postal News Roundup
Brookings Paper on the Postal Service Gets the Facts Wrong
Elaine Kamarck’s essay, “Delaying the Inevitable: Political Stalemate and the U.S. Postal Service,” grossly misstates the facts about the central cause of the Postal Service’s financial crisis… Unfortunately, that’s not all she got wrong.
How Bernie Sanders Plans to Transform the Postal Service and Help Millions in Poverty
Senator Bernie Sanders advocates that the postal service provide financial services in low-income and rural areas that may not have banking institutions, or where residents are forced to use costly alternative financial services.
The Rushcard Fiasco Can Point Us to Good Policy for Serving the Unbanked and Underbanked, and Formerly Incarcerated
Public banking can work alongside the traditional banking system, similar to how Social Security exists alongside private retirement options.