The U.S. can now set its own rates for mail from China and other countries

Re:The U.S. can now set its own rates for mail from China an... by missedthecue on Monday June 29, 2020 @09:23PM (#23685517)

1. The 2006 Postal Accountability and Enhancement Act (PAEA) had bipartisan support and was sponsored by two Democrats. It was not a Bush conspiracy.

2. It included a 10 year prepayment period. This ended in 2016. It is 2020. Current USPS financial woes have nothing to do with that act. We are now in the follow-on period in which the USPS is intended to be amortizing its remaining unfunded liability over 40 years, to 2056. And this 40 year amortization period is exactly the same length of time as private-sector employers are given.

3. The USPS gets ~$18 billion in taxpayer funding/subsidies annually.

https://fortune.com/2015/03/27/us-postal-service/

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Re:The U.S. can now set its own rates for mail from China an... by ddingus on Monday June 29, 2020 @11:49PM (#23686352)

Note: I made no mention of conspiracy, nor it being partisan.

Fact is both parties receive significant financial incentives aimed at privatizing the Post Office. There is no benefit to the American people down that path.

That analysis is incomplete and inaccurate. 3 is particularly egregious. Compute it prior to the act, and the arguments evaporate.

Another fact: That bill was, and remains unnecessary, and is intended to undermine an otherwise exemplary service.

I won't respond to this again.

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