Welcome to Axisprerrata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

I'm Dan for Mac. On today's show, the worst jobs report in U.S. history and the future of offices.

But first, junk mail. So this week, President Trump announced that a North Carolina businessman named Louis DeJoy

will become the country's next postmaster general, which means he'll run the U.S. Postal

Service.

DeJoy will be the first person to hold that position in more than two decades who doesn't

have any direct U.S. Postal Service experience, and his appointment comes as Trump has

escalated his criticism of one of America's longest running institutions.

So what to know about Louis DeJoy? First, he is a major Republican Party donor and years ago

ran a package delivery business that's now known as XPO logistics. So he was a major USPS customer

even though he wasn't inside the service. Also, DeJoy's wife is Trump's ambassador to Canada.

What to know about the post office? Well, it has warned it could run out of money by September

due to the pandemic, estimating a $13 billion fiscal year shortfall. It has asked for a federal

bailout, but Trump has threatened to veto any coronavirus legislation that includes new money for

USPS. And that brings us to what to know about Trump.

He believes that the Postal Service is subsidizing Amazon,

with which he has a running feud, seemingly due to Jeff Bezos's ownership of the Washington Post.

Now, Trump has claimed over and over that...

Every time they bring a package, they lose money on it.

But Trump's claim here is simply untrue.

By law, USPS is barred from charging package delivery prices below what it costs to fulfill them.

So at worst, the Postal Service is breaking even on Amazon and other e-commerce.

...