3 ms·

That’s not true at all. USPS offers notary services, passport services, money orders, and many other services besides. The reason USPS is having financial trou

That’s not true at all. USPS offers notary services, passport services, money orders, and many other services besides. The reason USPS is having financial troubles is because conservative extremists in the American government have put huge financial burdens on them like fully funding their medical plan 10 years in advance in a blatant attempt at bankrupting one of the few Federal agencies specifically enumerated in the Constitution so they can then sell this services to FedEx and UPS and make huge gains for shareholders.

muststopmyths 6y ago
It's actually a requirement to fund 75 years of retirement costs in 10 years ($75 billion). And it was passed with broad bipartisan support. I wish people would stop repeating the canard about "conservative extremists" with respect to this law. [0] https://www.washingtonpost.com/business/2020/04/15/postal-service-bailout-congress/ https://www.washingtonpost.com/business/2020/04/15/postal-se...
- karpierz 6y ago
  > But the 2006 law also shifted the burden of paying for worker and retiree benefits entirely to the Postal Service. That came at the insistence of the Bush administration, Davis said. Davis being the congressman who introduced the bill.
- rtkwe 6y ago
  There's a lot of stuff in the PAEA bill that put that obligation on the USPS, just because the whole bill passed with support from both parties doesn't mean that the particular prepaid debt obligation isn't the work of "conservative extremists" the history of particular provisions is important. A lot of otherwise objectionable provisions get included at the threat of a filibuster from ideological groups.
rtkwe 6y ago
They have a strict charter and are not free to go into whatever business they want though. They don't even control the price of stamps.

3 ms·

That’s not true at all. USPS offers notary services, passport services, money orders, and many other services besides. The reason USPS is having financial trou

by nodrones123 6y ago

muststopmyths 6y ago
It's actually a requirement to fund 75 years of retirement costs in 10 years ($75 billion). And it was passed with broad bipartisan support. I wish people would stop repeating the canard about "conservative extremists" with respect to this law. [0] https://www.washingtonpost.com/business/2020/04/15/postal-service-bailout-congress/ https://www.washingtonpost.com/business/2020/04/15/postal-se...
- karpierz 6y ago
  > But the 2006 law also shifted the burden of paying for worker and retiree benefits entirely to the Postal Service. That came at the insistence of the Bush administration, Davis said. Davis being the congressman who introduced the bill.
- rtkwe 6y ago
  There's a lot of stuff in the PAEA bill that put that obligation on the USPS, just because the whole bill passed with support from both parties doesn't mean that the particular prepaid debt obligation isn't the work of "conservative extremists" the history of particular provisions is important. A lot of otherwise objectionable provisions get included at the threat of a filibuster from ideological groups.
rtkwe 6y ago
They have a strict charter and are not free to go into whatever business they want though. They don't even control the price of stamps.