The US Postal Service is slowing mail delivery and hiking prices

Geek Nasty

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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

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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

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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?

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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

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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
 
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