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I looked a bit and at every instance I found, the USPS is operationally profitable when pension prefunding is ignored. This is contrary to your claim. So if the

I looked a bit and at every instance I found, the USPS is operationally profitable when pension prefunding is ignored. This is contrary to your claim. So if these other sources are correct, that $75 - $80 billion would go a long way towards covering the $55 billion prefunding mandate. Might even be able to take the remainder and modernize for increased efficiency, thereby further increasing profitability.

Lazare 15y ago
Heh. Financial results for organizations like the USPS are not some black mystery; you don't need to rely on anonymous sources, or conflicting reports. http://about.usps.com/who-we-are/financials/periodic-reports-8k/11-16-2011.pdf http://about.usps.com/who-we-are/financials/periodic-reports... And now you know. (See, in particular, page 9 of the PDF - the second slide in the deck. Revenue down sharply, expenses up very slightly, EXCLUDING the prefunding requirement.)