4 ms·

But the fact that these liabilities weren't already funded is proof that it was mismanaged. The funding part is fixed now but the fact that it wasn't funded al

• barry-cotter 8y ago
  Before the USPS was treated as the civil service, with unfounded liabilities being paid out of current taxation, like social security. Now they want the USPS to act like a private company and fund its own liabilities. If you change the rules you should not expect an organisation that was fine under the old rules to be fine under the new ones, especially immediately.
  • stale2002 8y ago
    Alternatively, one could argue that these other unfounded liabilities, such as social security, are also poorly run because of them being unfunded.