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That's a global thing. Postal services are very expensive public services. Low hanging fruit for cost savings.
by ycombinete 1mo ago
That's a global thing. Postal services are very expensive public services. Low hanging fruit for cost savings.
- kulahan 1mo agoThat's the crazy thing about the US. Our postal service is, for some reason, not funded by taxpayer dollars, but also not allowed to run a profit, they are not allowed to change prices without congressional approval, and they must fund their pension for 75 years - well beyond any requirement anyone else in the US faces, to include both federal agencies and private orgs. If they didn't have that last requirement, they'd be solvent.
- tancop 1mo agoNo tax funding, no profit and price controls are normal for a state owned company. In other countries the postal service is not expected to pay for itself all the way but subsidies are limited by law. The prices are supposed to be lower than market as a public service.
- kulahan 1mo agoThese aren’t state-owned companies, they’re federal services. It’s also, as stated, not how it works for any other org or business in the US. Maybe everyone else in the world has some kind of problem similar to this, but it appears to at least be a somewhat unique situation in the US.
- deleted 1mo ago[deleted]
- jjav 1mo ago> Low hanging fruit for cost savings. None, since the USPS is not government-funded.