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
Small price to pay for something as extraordinary as the USPS.
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.
You wouldn’t see UPS or fedex running a mule train to make sure an area still gets mail[1]
If we let other companies take over and kill the USPS we’ll just see a ton of areas of the country not get delivered too because the profit margin isn’t there.
The finances of your police and fire departments, your libraries and public schools, and the military, are all “dogshit” by this absurd reasoning.
It’s weird how people bring this up. It was very unusual for the usps not to have to set aside money now to pay for pensions in the future.
What? Maybe my reading comprehension is a little off this morning but are you saying a company offering a pension plan must set aside hundreds of thousands of dollars day 1 every time they hire a new employee?.... That math doesn't math.
No because they are still deep in the red, about $9B a year.
USPS and the US military are both, at their heart, logistics engines and systems, and both should be valued as such. "The whole is more than the sum of its parts." If you do not maintain and treat said systems with respect, the capability will not be ready when you need it, or will not contribute to the ongoing success of the jurisdiction in which it operates.
True, but isn't this because everyone knows that USPS is a dying business already?