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Why don't they talk about raising their mailing rates? I would imagine their demand is pretty inelastic.
by fasteddie31003 7y ago
Why don't they talk about raising their mailing rates? I would imagine their demand is pretty inelastic.
- toomuchtodo 7y agoCongress controls USPS rate setting, as well as mandates the rate of healthcare and pension benefit contributions.
- fasteddie31003 7y agoI didn't know that. That seems to be the root of the issue then. Let the USPS set their own rates.
- eranima 7y agoThat's not the issue. The issue is the Postal Service was required to prefund its pension plan 75 years in the future, a requirement no other government corporation has: https://ips-dc.org/how-congress-manufactured-a-postal-crisis-and-how-to-fix-it/ https://ips-dc.org/how-congress-manufactured-a-postal-crisis...