Re:Americans Are Receiving Unordered Parcels from Chinese E-...
by mikeash on Sunday December 17, 2017 @11:34AM
(#15946373)
Don’t knee jerk this as a political thing. They’re saying that the USPS loses money on this service. It has nothing to do with their overall profitability or Congressional action or whatever.
The USPS isn't losing a ton of money. It is profitable.
The "loss" is that congress mandated that the USPS accumulate 75 years worth of employee retirement funds and gave them 10 years to do it. So they "lose" $5B a year because they are not able to pay that amount into a retirement fund.