"Contrary to statements made by some employee groups and other stakeholders, PAEA did not require USPS to prefund 75 years of retiree health benefits" https://www.gao.gov/assets/gao-13-112.pdf
Also the 2022 Postal Service Reform Act eliminated the prefunding and ~$57 billion of overdue payments, but USPS finances were still dogshit afterwards: USPS revenue was $80 billion and expenses were $89 billion in FY2024
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I don’t think of their finances as being dogshit because there aren’t revenue positive. It’s a fraction of a sliver of the federal budget to run a constitutionally mandated service.
The (non-navy) military has no constitutional mandate at all, it’s an industrial scale cash incineration device which the postal service can’t hold a candle to, and we don’t blink at it wasting 10x or more of the postal service’s opex.
Would you allow other companies to deliver letters and to deliver stuff inside mailboxes? I find it disgusting that a company with a monopoly on those two services still can't make a profit.
It can’t make profit because USPS is not allowed to set the prices of its services.
Public services don’t exist to make a profit.
The finances of your police and fire departments, your libraries and public schools, and the military, are all “dogshit” by this absurd reasoning.
Someone just bringing whatever shit they want to my house? Junkmail needs to be deregulated? Everytime I hear the "notions" of the libertarian/hypercapitalist ilk it just sounds like "What if your life could be even shittier than it is now?!?"