The Postal Service is an egregious monopoly distorting all mail service.

Precisely, the USPS has no reason to innovate in delivering first class mail.

Andy, the reason the USPS has poorly managed service can be directly related back to the monopoly.

WHY? Monopolies are notorious for higher prices at low quality.

What needs to be done is that the Federal Government actually needs to follow it.

As much as I agree that the USPS should be dismantled, the government monopoly gets its stronghold from the Constitution.

In Congress' enumerated powers, Under Article 1, Section 8, To establish Post Offices and Post Roads.

The only way to defeat it would be a constitutional amendment repeal.

Would you like to hear or read it?

First, the Great Depression was originally started as a recession, but significant mishaps in monetary policy destabilized the economy, particularly by the Federal Reserve along with irresponsible fiscal policy by Congress. These policies in turn shrank the money supply tagged with high taxes, which then greatly exacerbated the economic situation, causing a recession to descend into the Great Depression.

Second, WWII didn't get America out of the Depression. The Depression was prolonged by large scale government spending.

The misconception of prosperity during and after the war is common relating to unemployment rates, which is not surprising considering 16 million men and women were removed during the course of the war and are not considered as labor force.

Furthermore, when an economy shifts vast amounts of production to planes, ships, guns, and etc, and treated as prosperity, then producing planes, ships and guns are indeed good economic policy even if dumped into the ocean.

Not to mention, consumer goods were rationed and standard of living was low.

If WWII was indeed the factor, then why didn’t the end of the war plunge the country back into depression, or at least another recession?

Rather, 10 million men rejoined the work force and large government spending ended after FDR's death and the end of the war.

Lastly, in 1946, economic output returned to pre-1929 levels after limited government spending.

"War prosperity is like the prosperity that an earthquake or a plague brings.” ---Ludwig von Mises

Ok, great, thanks---------------------------------------------

I know the difference between capitalism and Laissez-faire capitalism. TYPO.

So, where is this statistical data?<<<-------------------------

You are sadly mistaken to think that capitalism put us into the depression or Keynesian economics got us out of the depression.