(Topic ID: 275410)

Anyone else having problems with USPS?

By SCJoe

3 years ago


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  • Latest reply 2 years ago by barakandl
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    #101 3 years ago
    Quoted from poppapin:

    Post Office is govt. run, so what do you expect?

    Quoted from Xenon75:

    USPS has had its ups and downs for many years, there is no reason why they shouldn't be overhauled to make them more efficient and better at what they do. After all - we as taxpayers are footing the bill and should receive the best service possible.

    I'd look into the Postal Accountability and Enhancement Act of 2006 that was passed by Congress in 2006. The law requires USPS to prepay health care benefits for retirees on a 50-year schedule, starting with an “aggressive obligation” of setting aside over $5 billion a year for 10 years. The law also put price caps on first-class mail, liming the Postal Service’s ability to bring in more money.

    After it was passed, the USPS went from generating a yearly profit to losing money every year; it reported a net income fo $900 million in 2006 and reported a loss of $3.8 billion in 2009.

    So in reality blame Congress - what else is new?

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