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Please explain your use of the word "hypothetical". That might be where I am getting confused. Because the only way I'm interpreting that statement is "the USPS
by freehunter 7y ago
Please explain your use of the word "hypothetical". That might be where I am getting confused. Because the only way I'm interpreting that statement is "the USPS can't blame this law for their money problems because they haven't even made any payments"
At best, I might be able to twist the words to say "the USPS's money problems aren't real because they can't afford to pay their debt", which makes no sense.
The reality of the situation is the $5.7b they're required to pay every year is more than they can afford to pay, so they paid it until they reached $8b in debt and then stopped paying. None of that is hypothetical in any way.
- treis 7y agoI don't know where you got your numbers but they certainly don't reflect reality. As my cite says, they missed ~34 billion worth of payments. As your cite says they're missing 86 billion dollars that they need to pay their pension obligations. >Please explain your use of the word "hypothetical". Hypothetical as in they are not actual real outflows of cash from the USPS. They can't be blamed for the USPS' financial woes since they haven't made a payment in 7 years now.