A Citigroup analysis finds each (AMAZON) box gets a $1.46 subsidy. It’s like a gift card from Uncle Sam.

Shoot. Running this story shouldn’t be good for my book sales.

The CEO of Amazon also controls The Washington Post by the way.

(From The Wall Street Journal)

In my neighborhood, I frequently walk past “shop local” signs in the windows of struggling stores. Yet I don’t feel guilty ordering most of my family’s household goods on Amazon. In a world of fair competition, there will be winners and losers.

But when a mail truck pulls up filled to the top with Amazon boxes for my neighbors and me, I do feel some guilt. Like many close observers of the shipping business, I know a secret about the federal government’s relationship with Amazon: The U.S. Postal Service delivers the company’s boxes well below its own costs. Like an accelerant added to a fire, this subsidy is speeding up the collapse of traditional retailers in the U.S. and providing an unfair advantage for Amazon.

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