Postal Service posts $8.5 billion loss

[saden1]

USPS is explicitly authorized by the Constitution but whatever. Maybe we can get Republicans to defund it? That seems to be all the rage these days. Something needs to be done for sure.

[firstdown]

Originally Posted by saden1

USPS is explicitly authorized by the Constitution but whatever. Maybe we can get Republicans to defund it? That seems to be all the rage these days. Something needs to be done for sure.

Its funded by postage. I actually think the post office does a good job at delivering the mail but it must do a poor job at managing expenses and cost. They are not force to make budget because the tax payers bail them out. I'd also bet in their good years when they had a surplus it was spent on pay increases, bonuses, new hires, etc... amd they never plained on any tough times.