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What Next | Daily News and Analysis

Will the Post Office Go Bust?

What Next | Daily News and Analysis

Slate Podcasts

Daily News, News, News Commentary

4.32.4K Ratings

🗓️ 7 May 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

For years, the Postal Service has faced financial turmoil. Now, facing a pandemic, mail volume has dropped off and the question has resurfaced: Can the post office survive? Devin Leonard wrote the book on the Postal Service and says how it got to this latest crisis is more complicated than it seems. With the post master general saying that the service could be financially insolvent by the fall, is this the government’s last chance to right the ship?

Guest: Devin Leonard, writer for Bloomberg and Bloomberg Businessweek. He’s also the author of Neither Snow Nor Rain: A History of the United States Postal Service.

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Transcript

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0:00.0

When Devin Leonard started writing a book about the Postal Service, it made him see the world in a new way.

0:10.8

He'd walk outside, realized there's a mailbox.

0:14.4

There's a letter carrier.

0:16.1

He was seeing the Postal Service all around him.

0:19.2

They just have this huge presence. Once you start really paying attention

0:22.9

to the postal service, you see their trucks, you see their letter carriers everywhere. There's a

0:27.3

post office. It seems, you know, sometimes, you know, every, you know, three or four blocks or, you know,

0:32.3

in every downtown. Right now, you are probably noticing the postal service a bit more, too. The only people

0:40.4

coming to my door these days are post office employees. Neighborhood kids have put up these signs

0:46.2

thanking the folks delivering the mail each day. And Devin says all that makes a kind of sense.

0:52.6

The fact that these men and women, they keep coming every day,

0:56.0

it's just some sign that's, you know, your connection with the outside world,

0:58.9

there's some sign that things haven't, the world hasn't totally sort of blown up

1:03.7

or, you know, you're gone to hell with this disease.

1:06.6

But despite how ubiquitous the post office is,

1:10.0

despite the fact that many folks are feeling thankful for the work these carriers are doing under such threatening conditions, the post office is in trouble.

1:20.5

We know that the Postal Service has struggled economically for a while now, but the Postmaster General is saying that the pandemic is having a devastating

1:29.0

effect on its business and calls this moment a critical juncture. A few weeks back, Democratic

1:35.7

legislators warned the coronavirus might force the Postal Service to shut down entirely over the

1:41.8

summer. The agency just doesn't have the money to keep operating.

1:47.0

Can the U.S. Postal Service remain afloat?

1:53.3

Today on the show, Washington has bailed out airlines, hotels, even Amtrak.

...

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