what you don't know about postal operations and the financial structure of the enterprise is immense.
they operate on revenues from postage and mail related services. they cover over the losses with depreciation and loans, and sales of facilities, equipment, etc. ~ and there comes a time when they run out of money. The Postal Rate Commission refuses to allow that $5 billion tribute to be allowed to be added into the base of costs against which postage rates may be computed/imputed/disputed.
it's a living nightmare.
i already told you the solution ~ close 28,000 unneeded facilities and lay off those employees who worked there. That can be put together in a few months. the plan has been around since 1977. i have the copy in my own files that Bill Bolger reviewed in detail ~ the Congress wouldn't let us do it then. they don't want it done now.
Read the article! The operational losses EXCLUDE the pension obligations!
The Post Office is RUNNING AT A LOSS, YEAR AFTER YEAR.
Why does the USPS still have a monopoly at all, if they are insolvent?