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USPS: An American Success Story In Hemorrhaging Taxpayer Money
This is what a successful government service that definitely doesn’t need to be rebuilt looks like. He’s Dismantling It!
https://keller.house.gov/media/in-the-news/usps-has-lost-78-billion-2007-despite-receiving-billions-taxpayers-every-year
USPS has lost $78 billion since 2007 despite receiving billions from taxpayers every year. Democrats still want a bailout.
A new government report shows the severity of the United States Postal Service's poor financial conditions and demonstrates the need for a long-term fix for the agency — not a bailout, as Democrats have suggested.
The report, released Thursday by the U.S. Government Accountability Office, found that the Postal Service's financial problems existed long before the COVID-19 pandemic and highlighted the need for Congress to step in and institute major reforms.
The key data point: Between fiscal years 2007 and 2019, the Postal Service netted losses of approximately $78 billion — and that's despite receiving roughly $18 billion each year from American taxpayers.
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Comments
Nobody gives a fuck who drops the mail off. Just get me my Costco coupons.
ATBS, I think it’s important that certain services are offered by the government in addition to the private sector. (See, I’m a mixed economy, ABUNDANCE sort of girl...I think America works best when businesses and the government keep each other in check.)
I know a lot of my thoughts RE: stem for illogical fears that this will just lead us down a slippery slope of everything being privatized (for $10 a month you can add the first response package (fire and police) to your Amazon Prime membership!)
I do understand that countries like the UK and Japan have either completely or are in the process of privatizing their mail system. So far (I wanna say these efforts started in the 2000s?!?!), so good?
I love to hear mor arguments on this issue either way.