Barry Ritholtz, Columnist

Congress, Not Amazon, Messed Up the Post Office

Legislators passed a law that made the USPS less competitive with the private sector.

The problems start here.

Photographer: Zach Gibson/Getty Images

Before the news cycle gets consumed by the U.S.-China trade war in the making, let's go back to something I find much more intriguing: the U.S. Postal Service. Specifically, is Amazon.com Inc.'s contract with the USPS kosher, or is it a sweetheart deal that amounts to a government giveaway?

Let's get one thing out of the way up front: President Donald Trump's endless grousing about Amazon is nothing more than a thinly disguised complaint about the Washington Post, which has done a fine job reporting on his administration, revealing its many warts and ethical lapses. He has made no secret of his hostility, as a brief review of his Twitter posts would show.