That is a well known tactic to have private interests take over government agencies. Slowly strangle them and make them less able to function. Over time people will get frustrated with the agency and an investment group or hedge fund will “offer” to take over the agency and make everything good again. Of course they will be subsidized by the taxpayers. This is being done with the USPS now. A logistics company head was installed as Postmaster General in 2020. In the name of efficiency he started closing mail centers, making other cuts and people are now complaining more and more about the service. Soon the public will be fine with FedEx or Amazon taking over and the price increases to follow along with taxpayer subsidies guaranteeing a profit or the cost will be much higher. See the Pentagon for an example. Over 50% of the budget goes out the door to contractors that make a nice safe taxpayer supplied profit because the Pentagon refuses to complete an audit as required by law.
The new Postmaster oddly enough is on the board of directors of Fedex
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