News for hackers. Stuff that matters.

A comment on How Are Postmaster General Louis DeJoy's Changes Affecting Workers?. Parent comment

Re:How Are Postmaster General Louis DeJoy's Changes Affectin... by jgacook on Wednesday August 12, 2020 @04:27PM (#24136512)
> The USPS loses a lot of money. Even ignoring the pension pre-funding issue, it's still cashflow negative.

This is untrue - without its pension pre-funding requirement it turns a modest profit each year[1].

[1] https://www.nonprofitmailers.org/four-usps-myths/

[ Parent | on HN ]
Re:How Are Postmaster General Louis DeJoy's Changes Affectin... by emodendroket on Wednesday August 12, 2020 @10:34PM (#24139399)
Even if this were not true, it seems to me that a mail system is a societal good that is significant enough that I would be happy to see it funded from taxes.
[ Parent | on HN ]