Here is the simple reason why the Post Office will never get privatized. It is a government agency. No matter how many billions of dollars the Post Office losses, it is a low priority and too many Americans are fond with the idea of the government keeping the Post Office. Sure, FedEx and UPS does a far better job at shipping stuff around but it will never go away until the US Government goes away. Once the US government goes away, then maybe, the US Postal Service will go away. Reason has been saying that for decades and the government hasn't been able to listen to Reason. Plus government isn't reasonable if it was it would just privatized itself a long time ago. All government wants is power, that is all it cares about, is power.
Reference: https://reason.com/2019/05/10/post-service-lost-2-billion-in-three-months/
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