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It's "damn cheap" because it's being subsidized heavily by US taxpayers. "The United States Postal Service (USPS) on Wednesday reported a net loss of $4.9 bill
by jhghgfhgf 4y ago
It's "damn cheap" because it's being subsidized heavily by US taxpayers.
"The United States Postal Service (USPS) on Wednesday reported a net loss of $4.9 billion for the year ending Sept. 30."
- msrenee 4y agoThe fact that the USPS is currently operating at a loss has a lot to do with a bill that passed in 2006 requiring them to prepay their employee benefits including pensions 50 years in advance. https://en.m.wikipedia.org/wiki/Postal_Accountability_and_Enhancement_Act https://en.m.wikipedia.org/wiki/Postal_Accountability_and_En...