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Yeah, but only recently. Up until about the mid 00s, they've been running a healthy profit of about a billion a year. But, since it's supposed to be run revenue
by muhfuhkuh 17y ago
Yeah, but only recently. Up until about the mid 00s, they've been running a healthy profit of about a billion a year. But, since it's supposed to be run revenue neutral (i.e., no profit) it gets absorbed back into the general fed budget.
Now that it's losing money, they have to cut back. No federal bailouts for a semi-federated body. Funny how that works.
- rjurney 17y agoThanks, was gonna say... they were profitable for a long time. I always find the USPS to be great, better than UPS many times... but not so much Fedex.