[ltrman61]

The USPS is financially self‐sufficient.  It pays for its operations through the sale of postage and has not  received any taxpayer subsidy since 1982.  In 1971, before postal reorganization took effect, Treasury  appropriations covered nearly 25% of the P.O.D.’s budget.  In today’s dollars, that would cost taxpayers  approximately $16.25 billion.  So postal reorganization has saved taxpayers tens of billions of dollars since  1970.  The USPS employs 560,000 career employees, making the Postal Service the nation’s second largest  employer next to Wal‐Mart.  Its annual sales of $67 billion would place it at number 34th on the Fortune  500 list of largest American companies if it were a private company.  The Postal Service delivers 40% of the world’s mail.  The Postal Service is in trouble because of a Bush‐era (2006) law that requires the USPS to massively  prefund the cost of retiree health benefits over the next 75 years in just 10 years’ time. This cost covers  not only current employees, but employees who have yet to be hired – and it is on top of the cost for  health benefits for current retirees.  No other company or agency in America is required to pre‐fund  future retiree health benefits.  Facts, they are a terrible thing. This place, like libs with PDS, has USPSDS. USPS subjects make Freepers look like a bunch of uneducated, knee-jerk libtards. Sadly!

[milagro]

Thanks for the information you provide. Facts are often difficult little "details" to have to confront, and it is good to discover someone "well-armed" with them!

So many people love to beat up on the Postal Service for raising the price of stamps--and a rate-increase has ALWAYS been a big news topic. So where's the MSM been every time Hallmark or some similar business upped the price of their greeting cards from around 50 cents to $3.50? Sure don't hear too many complaints about that effort to "remain competetive"!