The US Postal Service is slowing mail delivery and hiking prices

Geek Nasty

Brain Knowledgeably Whizzy
Supporter
Joined
Jan 30, 2015
Messages
31,589
Reputation
5,454
Daps
119,391
Reppin
South Kakalaka
The USPS is being exploited by Congress. Too lazy to look up the article, but Congress makes the USPS over contribute to their pension fund then spends the money. They’re not broke and never have been broke. They’re being used as a slush fund.

Just like Social Security.
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
51,049
Reputation
4,466
Daps
89,120
Reppin
Fresno, CA.
The slowdown is a result of the USPS’s decision to lessen its reliance on air transportation to save money. Under the new service changes, 43% of regular mail that was once transported by plane will now be hauled across the country via rail or truck, according to the USPS.

The USPS has been in financial trouble for years as Americans are sending less mail. The agency incurred losses of $87 billion between 2007 and 2020, and racked up $188 in unfunded liabilities and debt.


:wow:
 

The_Unchosen_One

Superstar
Joined
May 2, 2012
Messages
17,453
Reputation
1,573
Daps
28,588
Reppin
St. Louis
I only get junk mail from them... everything I do is online or sent UPS or Fedex...

My garbage ass mailman keeps on spreading rumors that Lakers are trying to trade Westbrook... he deserves to be out of a job :camby:
 

TELL ME YA CHEESIN FAM?

I walk around a little edgy already
Joined
Jul 1, 2012
Messages
50,300
Reputation
3,260
Daps
131,408
Reppin
The H
The slowdown is a result of the USPS’s decision to lessen its reliance on air transportation to save money. Under the new service changes, 43% of regular mail that was once transported by plane will now be hauled across the country via rail or truck, according to the USPS.

The USPS has been in financial trouble for years as Americans are sending less mail. The agency incurred losses of $87 billion between 2007 and 2020, and racked up $188 in unfunded liabilities and debt.


:wow:
:huhldup:
 

Red Shield

Global Domination
Joined
Dec 17, 2013
Messages
21,430
Reputation
2,501
Daps
47,633
Reppin
.0001%
The USPS is being exploited by Congress. Too lazy to look up the article, but Congress makes the USPS over contribute to their pension fund then spends the money. They’re not broke and never have been broke. They’re being used as a slush fund.

Just like Social Security.
I thought they had to put the money aside and not touch it...

didn't know it was being used as a "general" fund
 
Top