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Why is the USPS allowed to continue to operate at a loss each and every year?
Posted on 4/2/24 at 2:04 pm
Posted on 4/2/24 at 2:04 pm
quote:
USPS reported a $2.1 billion net loss for the first quarter of fiscal 2024 — more than double its $1 billion net loss for the same period last year.
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Posted on 4/2/24 at 2:06 pm to chili pup
The only reason that I can think of is that documents are legal through the mail 
And no government is ever trimmed
And no government is ever trimmed
Posted on 4/2/24 at 2:06 pm to chili pup
It's just a social service at this point. Supplemented by the federal govt. They are wholly inept at managing an actual business which is what it's supposed to be. So this is what we get.
Posted on 4/2/24 at 2:09 pm to chili pup
Can you show me a government run entity that operates in the green?
Posted on 4/2/24 at 2:10 pm to chili pup
quote:
USPS reported a $2.1 billion net loss for the first quarter of fiscal 2024 — more than double its $1 billion net loss for the same period last year.
In Biden math, that's excellent!
Posted on 4/2/24 at 2:10 pm to chili pup
It is really strange how much certain people treat usps as some sort of sacred national good/source of national pride
It’s an antiquated vestigial structure, and it’s original purpose was to be a source of revenue for govt
It’s an antiquated vestigial structure, and it’s original purpose was to be a source of revenue for govt
Posted on 4/2/24 at 2:15 pm to chili pup
It's basically a jobs program/wealth redistribution scheme at this point.
Posted on 4/2/24 at 2:16 pm to chili pup
They are the first line of mail-in ballot fraud.
Posted on 4/2/24 at 2:16 pm to chili pup
It's never made any sense that it's funded by the federal government and run mostly like a government organization (not allowed to do cost cutting measures) but they're expected to operate at a profit.
Posted on 4/2/24 at 2:16 pm to chili pup
USPS can never be self sufficient. Deliver every day to every location in the US, no matter how remote.Retirement must be fully funded. If you say, give it to UPS or FedEx, they don't not have the infrastructure. Also, those two, along with Amazon are the USPS' largest customers.
Posted on 4/2/24 at 2:21 pm to chili pup
quote:
Why is the USPS allowed to continue to operate at a loss each and every year?
The Congress shall have Power...To establish Post Offices and post Roads
It's one of the few enumerated powers of the federal government.
This post was edited on 4/2/24 at 2:22 pm
Posted on 4/2/24 at 2:34 pm to chili pup
The post office is in the constitution. You'd have to change the constitution to get rid of the post office.
Posted on 4/2/24 at 2:44 pm to chili pup
It's a government agency. Do you think the US Court system turns a profit? Does wildlife and fisheries turn a profit? Nobody would even ask those questions because it sounds too silly. the USPS is really no different.
Posted on 4/2/24 at 2:46 pm to chili pup
Because it's a service, not a business.
Posted on 4/2/24 at 3:13 pm to chili pup
Why is the military allowed to continue to operate at a loss each and every year?
Why is the fire department allowed to continue to operate at a loss each and every year?
Because they're not businesses, they're public services.
Why is the fire department allowed to continue to operate at a loss each and every year?
Because they're not businesses, they're public services.
Posted on 4/2/24 at 4:03 pm to chili pup
Our USPS mail lady bitches if there is one inch of snow in front of our mailbox and she has a 4x4 vehicle. The UPS guy says frick it and drives all the way up our 1/2 mile driveway regardless of how much snow and never complains and his rig is 2 wheel drive.
Posted on 4/2/24 at 4:13 pm to chili pup
Why is the USPS, one of the few agencies specifically created by Article 8 Section 1 of the Constitution, required to operate at a profit? Does the Department of Education create a profit, or provide a service that every American can utilize at their convenience every day?
Granted, it could be more efficient.
Granted, it could be more efficient.
This post was edited on 4/2/24 at 4:16 pm
Posted on 4/2/24 at 4:27 pm to chili pup
The USPS provides a lot of information to the watchers.
Posted on 4/2/24 at 5:02 pm to chili pup
quote:
$2.1 billion net loss for the first quarter of fiscal 2024 — more than double its $1 billion net loss for the same period last year.
I guess I wasn't just lucky that the package I mailed recently was $13 with USPS and $35 with the other carriers.
Posted on 4/2/24 at 5:06 pm to chili pup
How can they fudge mail in ballots if they aren't on the payroll?
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