One of USPS's biggest problems is their requirement to prefund their retirement liabilities instead of a pay as you go scheme like almost every other organization on the planet. This prevented them from reinvesting profits into the business for 11+ years (2006-2017)
https://about.usps.com/who-we-are/fi...2010_4_002.htm
Quote:
Originally Posted by MattTuck
+1.
However, USPS has a lot of problems, and I suspect this is a pretty small one. I'd love to see the USPS allowed to sell non-mail products at their offices. Sort of like a convenient store, that also does mail. Their problems are big, need to be addressed on the revenue side as well as the cost side.
But on this topic, there's a big difference between, a policy meant to facilitate individuals sending parcels to each other (which I can see the argument for reciprocal subsidies), and a policy that subsidizes profit making businesses to send parcels. The latter, in my opinion can pay their fair share if they are making a business out of sending products to customers.
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