How the United States Postal Service (USPS) Could Encourage More Local Economic Development

This Article does four things. First, it explains how to provide new incentives for people to buy USPS money transfers through the Sure Money/Dinero Seguro Program (SM/DS). The Article also describes how a subsequent increase in USPS money transfer sales could expand local tax bases. Third, it shows why any expansion of local tax bases may help U.S. cities in crisis to improve their prospects. Lastly, this Article explains how such an expansion impacts different parties. Examples of these parties include the real parties in interest to money transfer contracts, third-party beneficiaries, and unrelated parties such as U.S. cities in crisis