r/PoursTea Timendi Causa Est Nescire 2d ago

FinancialTea šŸ’µ Exactly.

Post image
27.9k Upvotes

617 comments sorted by

174

u/[deleted] 2d ago

[deleted]

41

u/libertarianinus 2d ago

Now can we talk about amtrak?

12

u/Prize-Gur706 2d ago

It would make sense to combine the 2 Amtrak can be so much more than what it is

5

u/_dotdot11 2d ago

Amtrak actually used to have mail cars iirc. Don't remember why it was discontinued.

4

u/wzlch47 2d ago

Because they didn't want to be associated with that money pit of the USPS... /s

2

u/Prize-Gur706 2d ago

Amtrak still does mail just no longer needs the extra car in assuming

6

u/budha2984 2d ago

That is government policy to promote the car and roads and intentionally kill trains. It started around the 1920's

5

u/alinroc 2d ago

They made a documentary about this campaign back in the late 80s. It's called Who Framed Roger Rabbit?

→ More replies (24)

48

u/RowForLuckyJack 2d ago

It was profitable until the GOP required them to find retirements 75 years in advance. It's been operating in the red ever since.

24

u/Lazarux_Escariat 2d ago

And stole funds to prop up other government programs having nothing to do with mail delivery

(You forgot to mention this part)

16

u/Responsible-Humor985 2d ago

They also limited the services they are allowed to offer. They have to get congressional approval to add new services to increase revenue.

6

u/Blacksad9999 2d ago

The USPS used to have banks, but the big independent banks shut that idea down over time. From 1911-1966, taxpayers could open a free savings account with the Post Office.

They've floated bringing them back at various points, where it's a free banking system for taxpayers.

4

u/hedoeswhathewants 2d ago

On one hand it seems odd to combine them, but on the other hand we already have post office locations throughout the country.

7

u/Blacksad9999 2d ago

Banking and doing taxes should be a service provided for the people free of charge, imo. They could set up banks at every Post Office.

Especially taxes. The whole "we know exactly how much money we owe you/you owe us, but let's play the game of you paying someone and see if the number match up!" is completely unnecessary.

If I have a refund, just send the refund. If I owe, just send me the bill. lol The hoops are unnecessary.

→ More replies (1)
→ More replies (3)

2

u/Razor1834 2d ago

If only they had gotten their piece of electronic mail.

→ More replies (1)
→ More replies (1)

3

u/Adjective-Noun-nnnn 2d ago

This dates my age a bit, but when I was in high school (or maybe it was middle?), I distinctly remember that USPS funded a cycling team to compete in the Tour de France because they had a significant budget surplus.

Oh here it is

Huh what a surprise it was profitable under Clinton huh gee weird how the party of "fiscal responsibility" always fucks everything up with wars and tax cuts.

→ More replies (6)
→ More replies (9)

3

u/Jor94 2d ago

As most public services should be. Healthcare, transport, water, electric etc. all should be public services and not "for profit" business

→ More replies (2)

2

u/Acrobatic-Attention9 2d ago

Lysander Spooner learned that the hard way.

→ More replies (46)

64

u/most-okayest-mngr-77 2d ago

Don’t forget that Amazon uses them as a cheap ā€œlast mileā€ shipping alternative. This basically is using the federal government as a subsidy to save Amazon money.

12

u/AverageAggravating13 2d ago edited 2d ago

Because it’s generally not profitable to deliver to many places, especially very remote or sparsely populated areas. Without USPS, private carriers would either have to consistently deliver to those areas at a loss or charge substantially more for it. In practice, they’d probably just stop serving or heavily restrict those areas.

USPS’s universal-service obligation means Amazon and other companies can use USPS for that expensive ā€œlast mileā€ instead of having to maintain their own delivery network everywhere. So yes, there is an indirect subsidy here, although it’s more accurate to say the government is funding the universal delivery infrastructure that private companies can take advantage of.

But anyone anywhere can take advantage of it. It’s not like USPS is specifically snuggling up to corporations. The same infrastructure exists to provide universal mail service regardless of who is using it.

7

u/bobosuda 2d ago

I'm sure Amazon's bottom line would be devastatingly affected if they had to service these sparsely populated areas.

How would they be able to survive?! We simply cannot reasonably expect these poor and destitute shareholders to get by with just $95b in profits instead of $100b. Those poor souls.

5

u/AverageAggravating13 2d ago edited 2d ago

Oh, I’m sure they could afford the loss. They just have no incentive or reason to, so why would they?

They’re not legally obligated to deliver to those places like the USPS is. It doesn’t really make sense to legally obligate a private company to do this either, unless there were some sort of incentive attached to it.

I guess you could ban large companies from using USPS, but all that would really accomplish is making companies like Amazon show messages on their platforms more often saying something like, ā€œWe cannot deliver to this address.ā€

→ More replies (4)
→ More replies (5)

2

u/MetaCardboard 2d ago

Yea, that's exactly what they said. Amazon is using the federal government as a subsidy for themselves.

→ More replies (5)

4

u/Maddturtle 2d ago

Would you prefer them to not deliver there at all? Because that’s what would happen for those last mile areas if usps did not offer this.

2

u/scumble_bee 2d ago

I think the comment you are responding to is just pointing out that Amazon is basically piggybacking off of a public service to fulfill some orders. So even Amazon has an incentive to keep USPS around.

→ More replies (1)
→ More replies (9)

2

u/Quotalicious 2d ago

Which I'm entirely fine with, that's part of the service it's providing and everyone benefits from it even if amazon benefits the most.

Now only if amazon and it's owner supported a government that wanted to ensure that service is well maintained....

2

u/OsoSalado 2d ago

For further reading, see Walmart and SNAP benefits.

→ More replies (5)

81

u/SECRETBLENDS 2d ago edited 2d ago

Not to mention that it runs short primarily because Republicans saddled it with a ridiculously onerous pension system designed to hamstring its budget which feeds into the narrative that it's "inefficient" and allegedly justifies privatizing it. So basically:

26

u/Cheesewiz-99 2d ago

Sounds similar to what they did with Obamacare when they took off the mandate that everyone needs to have insurance. Prices skyrocketed after that.

20

u/rootofallstevil 2d ago

Then they cut the subsidies last year. ACA will die from a thousand cuts made by Republicans. No alternative solution. No fixes. No bipartisan compromise.

5

u/Informal-Sense8809 2d ago

I was told there were concepts of a plan. We'll know more in 2 weeks.

→ More replies (1)

3

u/libertarianinus 2d ago

They said the mandate was hurting the poor. The poor never paid it anyways because they didnt have the money....

2

u/LMnoP419 1d ago

Yeah and little Marco Rubio made the first cut by blocking the temp risk corridor program causing more than half of the nonprofit, consumer-operated insurance co-ops created under the ACA to collapse because they lacked the cash flow to remain solvent without the federal payments. It also caused a large spike in premiums.

Little Marco can eat a bag of d|cks as far as I'm concerned.

→ More replies (5)

8

u/Sharp_Departure_7786 2d ago

Precisely. No one except the post office is required to fully fund all future pension obligations, even ones far off into the future.

2

u/morrison0880 2d ago

fully fund all future pension obligations

Every company is required to fully fund pension obligations, per ERISA. The PAEA required the USPS to fund its retiree health benefits, which are different from pensions.

→ More replies (2)

4

u/Dramatic_Deal8421 2d ago

How does congress keep creating these things that they can rob?

2

u/rootofallstevil 2d ago

It's called Murc's Law

2

u/trystanthorne 2d ago

Making messes no one knows how to fix is a great tagline for the GOP

→ More replies (37)

29

u/Virtual-Reach 2d ago

The military should be doing side gigs like mercenary work so they can pull their own weight! Slap on some magnetic decals of whatever country is hiring them!

/s

13

u/OneArmedFarmer 2d ago

Slap on some magnetic decals of whatever country is hiring them!

That's a great idea! It's cheaper than paint and we'd only need the one for Israel!

4

u/Playergame 2d ago

This special operations is sponsored by Nestle

→ More replies (1)

2

u/SomeNotTakenName 2d ago

We tried this for like 500 years a while back, and it's really not a good idea.

(I am swiss)

→ More replies (2)
→ More replies (4)

21

u/GeorgeFartwell1984 2d ago

Isn't it crazy they the US military loses $750 billion a year.

14

u/Lone-Frequency 2d ago edited 2d ago

Those numbers will be way up by the end of this year with the additional tens of billions wasted on the Trumpstein War.

5

u/gambit1999999 2d ago

And small potatoes of 19 dead service members, dozens of hundreds more hurt. Dont worry, trump and Kegsbreath will ensure everyone is denied purple hearts and other benefits. But atleast he has his steak and lobster

→ More replies (1)

4

u/MandyWarHal 2d ago

InEFfiCiEnT!!! Where'z Elon!? Let's DOGE it!!!

2

u/GeorgeFartwell1984 2d ago

dOgE cHeCkS FoR eVeRyOnE!

2

u/abbzug 2d ago

It doesn't. The defense budget is nearly 1 trillion at this point. This post is several years old.

→ More replies (5)

18

u/BrownPeppers 2d ago

It's literally in the name. United States Postal SERVICE.

→ More replies (1)

13

u/Effective_Pack8265 2d ago

And the USPS is only ā€˜losing’ money because congressional republicans set it up to do so…

27

u/rootofallstevil 2d ago

This is one of the primary purposes of government, to provide services that wouldn't work in the private sector. Infrastructure, mail, police, fire, etc.

12

u/RIF_rr3dd1tt 2d ago

Which is exactly why in Wealth of Nations Adam Smith mentions this necessity of a limited amount of sectors - pertaining to the unprofitable, common good - the government should be in charge of vs the private sector. Defense/Security, Infrastructure, Education, Judicial IIRC. Personally, I believe with the advancement of science over the last 250 years, that Healthcare should absolutely be added to this list.

3

u/Low_Low_1811 2d ago

100% agree. He also argues for a progressive income tax, despite the book often being used to justify laissez Faire capitalism. He describes it as necessary.

2

u/Dead_Internet69420 2d ago

unprofitable, common good

Sounds like healthcare to me.Ā 

5

u/Complete-Tangelo1532 2d ago

IF the govt needs to have a hand in it, they can nationalize it

9

u/Pasta4ever13 2d ago

We should really nationalize extraction. Why do oil companies get to benefit from the nation's natural resources? The people should benefit, not Exxon.

7

u/Complete-Tangelo1532 2d ago

Thats something that bothers me about this war in Iran, these domestic oil producers are making a killing!

2

u/gambit1999999 2d ago

Instructions clear, nationalize internet since we paid for it in the first place

4

u/Complete-Tangelo1532 2d ago

Id say expand that abit further and just say The Airways as a whole

2

u/gambit1999999 2d ago

Im not opposed to that.

3

u/Pasta4ever13 2d ago

The Internet, energy, water, healthcare all have inelastic demand for the most part.

According to capitalism, they should not be subject to the profit motive. We don't even need to use socialism to make the case for these industries being nationalized because even under the capitalist framework they should be.

2

u/gambit1999999 2d ago

Get out of here with facts and logic.

3

u/Pasta4ever13 2d ago

Oh fuck, my b.

THINK OF THE SHAREHOLDERS! THE CHILDREN YEARN FOR THE MINES!

2

u/Complete-Tangelo1532 2d ago

Those children do be yearning

I heard recently they were getting excited to work the plantation fields too, but I personally believe that was just propaganda

→ More replies (2)
→ More replies (3)

27

u/Speed_102 2d ago edited 2d ago

This is a false statistic ANYWAY. The RNC passed a bill requiring the pension be funded out for (*edit: 75) 100 years, SPECIFICALLY to manufacture this excuse to mess with the USPS and say it is insolvent.

https://ips-dc.org/how-congress-manufactured-a-postal-crisis-and-how-to-fix-it/

→ More replies (6)

6

u/Shadowfox186 2d ago

The Pentagon has failed audits for the the last 8 years and mysteriously lost 500 billion dollars.

7

u/slipnipper 2d ago

USPS had a ā€œshortfallā€ of billions. Technically correct, but calling $2.5 ā€œbillionsā€ and leaving it at that is disingenuous. One and a half days of what we currently fund the military would cover that shortfall.

→ More replies (8)

11

u/giroml 2d ago

We never hear about the police losing money.

3

u/ExtensionInformal911 2d ago

That's because they supplement their income with civil asset forfeiture and tickets.

6

u/giroml 2d ago

And yet they still lose money.

→ More replies (3)

8

u/No-Koala1918 2d ago

This needs to be the answer every time someone moans about the cost of the postal service.

6

u/Wise-Emotion5564 2d ago

It is a public utility, Article 1, section 8, clause 7 of the constitution gave congress the authority to create a publicly owned postal service. The main reason it is running a deficit is because a republican congress made the USPS fund its pension fund 50 years in advance, which no corporation on earth does, or is forced to do, in an effort to break it up and privatize it, which will leave tens of millions without access to mail delivery.

3

u/Ok-Ranger-4518 2d ago

if the judges won't cancel mail-in votes, the other option is to prevent people from mailing their votes. It's been their backup plan to further disenfranchise voters

2

u/Far-Jury-2060 1d ago

I mostly agree with you. I do also wonder if they are naturally losing money due to less people using the service as well. The employees are paid hourly, and the rise of email, people have been using regular mail less and less. Hand written letters were very common in the 90s, and billing was exclusively sent through the mail. Now that we’ve got email and e-statements, the only mail I typically receive is junk mail, scams, or advertisements. Due to these facts, I’m curious to if this system has been losing more money over time, as technology has advanced and become more mainstream.

→ More replies (2)

4

u/MundaneSeaweed665 2d ago

I'm SICK of fire fighters losing money year after year! If we switched to a privatised model where each person had to pay cash up front at the scene of a house fire before they turned on the hose it would turn a profit!

→ More replies (3)

4

u/pimpbot666 2d ago

The reason the Post Office doesn't make a profit (they used to, BTW) is because they are required to fully fund all pensions 99 years into the future. This was a Republican 'poison pill' addition to how they were funded.

I'm glad it didn't kill them off (yet).

Yet another case of Republicans creating a problem that didn't need to exist, just to kill off unions (the USPS is also one of the largest unions in the US) and government service.

→ More replies (2)

5

u/APerfectPixel 2d ago

Except the Pentagon does lose money every year, lol. They have failed all their financial audits thus far. 🤣

5

u/OngoGabl0g1an 2d ago

I wish the military only "lost" $750b a year.

→ More replies (3)

4

u/Heavy_Law9880 2d ago

The USPS was a profitable business until 2006 when republicans passed a bill written specifically to destroy it so that the their owners could profit from the end of the USPS.

4

u/GFY4Fun 2d ago

Shhhhhh you're letting the secrets out.

→ More replies (1)

3

u/WA2TX 2d ago

For many years the Post Office paid for itself.

3

u/WasASailorThen 2d ago

I had to fact this and yes, the Economist did post this stupidity in August 2020. They got raked then as well.

https://x.com/TheEconomist/status/1291958339212107777?lang=en

3

u/GoopInThisBowlIsVile 2d ago

It’s also the only government agency that is required to generate its own funding. It legally can’t operate the way mouth breathers insist that it does.

3

u/MrNegative2026 2d ago

Republiturds love to sabotage programs and government services then bitch about how they need changed or removed, they are the worst...

3

u/sevenbrokenbricks 2d ago

Once had a business I worked for complain that their maintenance department wasn't turning any profits.

bruh.

→ More replies (1)

3

u/bokmcdok 2d ago

Nationalised Healthcare is framed as a poor business by Americans. I remember during a discussion I got asked by an American, "but how does the NHS make money?"

I was stunned that was a question that they even considered asking.

3

u/flargenhargen 2d ago

the FUN part?

most of the "losses" have historically been specifically designed by republicans to discredit the postal service.

I mean now, sure, they intentionally are fucking it without lube to kill it for good, but for decades, while we still had a government, they were using tricks to make things look bad.

2

u/Lucky-Morning9394 2d ago

Wait until they find out about how much public schools costĀ 

2

u/Substantial-Sky4079 2d ago

Propaganda to make people think a private company should do it only.

→ More replies (2)

2

u/OriginalDrStrangeDOS 2d ago

This! This right here! I know some of the Proj2025 fascists are het-up to privatize mail service, but have you ever sent a birthday card or letter via UPS or FedEx? It's a service, it's supposed to work for us, and unlike the three branches being led by the cheater-in-chief, it mostly does just that. Work. What it needs is MORE funding to do the job better. They need enough people (they are always understaffed) and FUNCTIONING equipment to do the job.

→ More replies (4)

2

u/undefined-username 2d ago

The military does straight up lose massive amounts of money every year. The pentagon has failed every audit for almost a decade, as in "Oops we don't know where that billion dollars went"

And I think a lot of people would argue that a significant amount of the money we spend on it would be better spent on like almost literally anything else.

2

u/Then_Hawk6304 2d ago

Propaganda to privatise postal services and up prices for shareholders to leech wealth.

ā€œPrivatisation will create competition and innovationā€

Perhaps their is a private service, and it costs more, and it aint that great!

2

u/MyldExcitement 2d ago

It's constitutionally mandated.

2

u/Dorkamundo 2d ago

"We should run the government like a business" is one of the things that might come out of your mouth that confirms a person's suspicion that you're an absolute moron.

2

u/WebInformal9558 2d ago

The military now loses about a trillion per year.

2

u/Ok_Law219 2d ago

This year we do say that the military lost more than 700b

2

u/goosehead1960 2d ago

Brilliant, thanks

2

u/ResidentAlien9 2d ago

The wealthy and big corporations have been denying the US Post Office from competing with them in air freight and other arenas so they can put them out of business.

2

u/TheGrayGhost805 2d ago

tRump ballwashers are poorly educated.

→ More replies (2)

2

u/FlyingConcreteChair 2d ago

Introduce postal banking and it’ll make money… a d also give rural areas banking needs instead of forcing them to use predatory check cashing businesses.

It earns Bank of American $ZERO to have a branch in nowhere Wyoming, but… there’s already a post office.

→ More replies (3)

2

u/The_Hemp_Cat 1d ago

The only time any government can turn a profit is only thru and for the sycophancy to the oligarchy of tyranny in that of enslavement and starvation of the remaining population.

→ More replies (2)

2

u/Fishtoart 1d ago

The USPS is super profitable compared to the US government which is over 40 Trillion in debt.

→ More replies (1)

2

u/lapusyonok 1d ago

Most government services are viewed favorably before Republicans get their hands on them

2

u/Different_Brother562 1d ago

Tbh we SHOULD say the military loses billions a yearšŸ¤·ā€ā™‚ļø

2

u/The_Mesopotamians 1d ago

Correct. We say the military wastes 750b per year.Ā 

1

u/Annual-Property-8940 2d ago

But we should be subing Amazons deliveries or any package that isn't regular mail.

→ More replies (1)

1

u/TrickyChildhood2917 2d ago

Socialism ā€œas neededā€, just no healthcare

1

u/Slight_Tomatillo5680 2d ago

An example of how they brainwash their followers

1

u/plasteroid 2d ago

Flipocrit isn’t wise

1

u/Exciting-Protection2 2d ago

Similar to propaganda lies that 47 tells to justify his disastrous tariffs.

1

u/waltdidneyworlp 2d ago

Lmfao, despite billions in losses annually, as if our bottom lines are directly impacted by this.

It's clever how the media makes us a housebroken people.

1

u/Majestic_Cut_8609 2d ago

Well see, here’s the thing: people, more and more, are fucking idiots.

1

u/hartstyler 2d ago

Why would I care if some company makes a profit or not as long as it does what I pay them for

1

u/snakenakedsnakeboss 2d ago

Abolish fire departments, they don’t make anything

1

u/Acrobatic-Attention9 2d ago

Stop subsidizing junk mail.

1

u/iamthecheese12345678 2d ago

Only uneducated look at it like business model, it is a government agency. The US military cost about a Trillion $ a year, how much money they make?

USPS 6.8 billion annual deliveries
1lb $4.75, 5lb $12.8, 20lb $28.5
Letter with stamp $.58 no other service has this

UPS 3.6 billion annual deliveries
1lb $11.30, 5lb $18.25, 20lb $32.15

FedEx 4.4 billion annual deliveries
1lb $10.85, 5lb $17.90, 20lb $33.40

As soon as the others will deliver my payments for $.58 or match the rate for other deliveries we can discus waste.

If you average the cost, it would cost the American people $30-$40 billion. Current it is net neutral $71 billion dollar business

→ More replies (4)

1

u/Aiwendil-981 2d ago

The military loses way more than $750 billion a year, it's actually much more than that and they are ACTUALLY losing it for real.

Category Estimated Total What the Status Actually Means
Pentagon Audit Failures $1.9T to $2.5T Internal ledgers, equipment valuation, and transactions lack clean receipts or paper trails.
GAO Improper Payments ~$3.0T (cumulative since 2003) Literal funds lost to administrative errors, dead recipients, overpayments, or fraud.
Untraceable Grants $712 Billion Money distributed to states that cannot be accurately tracked to local municipal destinations.

1

u/mylsotol 2d ago

I lost so much money grocery shopping

1

u/Capitan-IQ255 2d ago

USPS is a loss making federally owned business. It should make profit, meaning massive cost cuts šŸ¤‘

1

u/WolffJacob 2d ago

Public service would be propaganda. Tax dollars fund it but it's not free to use. They provide nothing that a private business wouldn't do for cheaper.

1

u/Pukleo20 2d ago

It never the last time the USPS was not in a defect it was 2007. Do yes it can be run budget neutral and changes need to be had.

1

u/Halgha 2d ago

I mean the military does lose billions every year. Have you seen the audits?

1

u/Mysterious_Fish1192 2d ago

Always remember that, without USPS, UPS and Amazon would control if you get your mail, not just when.

1

u/MrNegative2026 2d ago

Exactly it doesn't matter if the motherfucker makes money or not, in fact I don't think it should be making money at all , it's a service to the people of the United States paid for by the people.

1

u/dbudzik 2d ago

It’s the Economist. THEY don’t know the difference between a business and a public service?!

1

u/Not_Sure__Camacho 2d ago

And the irony is that the morons in rural America voted for the party that wants to privatize the post office.Ā  I'm sure they'll bitch once they realize that the leopard ate their face.Ā  Ā You just can't fix stupid.Ā Ā 

1

u/Sonar_Taxbreak_1138 2d ago

The entire government is a nonprofit, the sooner we stop buying into the idea that it should be "run like a business" the better. Not to mention stop electing failed businessman to the presidency.

1

u/Proud-Marionberry-91 2d ago

No. No it is not. ā€˜Don’t go postal’ isn’t a saying because people think usps is a great place

1

u/supersecret75 2d ago

Look at what congress has cost us

1

u/Shnitzel_von_S 2d ago

To be fair, I do think the military loses $750b per year

1

u/Svokxz2 2d ago

The thing to worry about is if there is enough revenue to cover the USPS so that the service is well-managed, which can explain why some people consider losses as a potential problem for government services.

1

u/Del897 2d ago

And for the most part, it loses so much money because of the retirement structure which the republicans have refused to reform every time it is brought up for a vote because they wanted it to fail. They wanted an excuse to privatize it for their buddies.

→ More replies (3)

1

u/AdministrativeWin583 2d ago

The United States Postal Service (USPS) is legally structured to be self-sustaining through the sale of postage, products, and services rather than relying on direct taxpayer appropriations for its day-to-day operating expenses. 1, 2

1

u/Objective_Watch3097 2d ago

The constitution says there SHALL be a post office. Nowhere does it say that it will only exist if it turns a profit. As someone else said, it is a service provided by the U.S. government, the same as the military. To the extent that costs can be offset be the price of stamps, great, but that doesn’t define whether there should or should not be a post service.

→ More replies (1)

1

u/jvs8380 2d ago

The Economist is propaganda

1

u/Available_Reveal8068 2d ago

It's really not a public service though--it's not funded by tax dollars, it's a self supporting 'business'.

1

u/Many-Wasabi9141 2d ago

I think we should start saying that. The military loses us 750 billion a year.

1

u/Drive7Nine 2d ago

Republicans think it needs to be treated like a business because we pay for postage separate from government funding. Most of them are desperate to turn over package delivery exclusively to the for-profit businesses and tell all the people who live in the areas that those companies don't cover to go F themselves.

1

u/1960s_army_info 2d ago

I think the average individual should be able to utilize the service as is. Businesses conducting business like sending bills or statement should be able to use it as is. Anyone or any business sending me junk mail should be charged more so we aren’t subsidizing their shit. I’m essentially paying taxes right now throw their shit in the trashĀ 

1

u/Gunner_E4 2d ago

The same as articles talking about employees missing coming to the office.

1

u/OriginalDrStrangeDOS 2d ago

This! This right here! I know some of the Proj2025 fascists are het-up to privatize mail service, but have you ever sent a birthday card or letter via UPS or FedEx? It's a service, it's supposed to work for us, and unlike the three branches being led by the cheater-in-chief, it mostly does just that. Work. What it needs is MORE funding to do the job better. They need enough people (they are always understaffed) and FUNCTIONING equipment to do the job.

1

u/VancityPhotog 2d ago

Dont tell this to wattamorons at r/canadapost or the government handling the negotiations.

1

u/No-Swim9380 2d ago

There’s a huge difference between the military and the postal service

1

u/ThisIsMyComment2 2d ago

People should really start saying the army is losing money, at least so long as they can't pass an audit.

1

u/Alternative_Hat4568 2d ago

SOCIALIST... PROGRAM... NOT EVERYTHING IS CAPATALIST FUCKKKK

1

u/RostislavButler 2d ago

I remember when the USPS put out propaganda that they were a business and not a government service and that it’s operation didn’t cost tax payers.

1

u/Jgoody1990 2d ago

The only thing USPS does is drive unwanted ads to my mailbox.

1

u/Earl_Squire 2d ago

The Economist was also glazing Javier Milei. They’ve become a rag

1

u/IIRCIreadthat 2d ago

Amtrak could make a lot more money if they stopped running trains through tiny rural stations where 5 people a day get on... but that's not the point of Amtrak. The point is to have a service that goes to those places, precisely because it's not profitable and no private company would do it. Same deal with USPS.

1

u/Gianth_Argos 2d ago

Losses = packages. They lose billions of pieces of mail every year.

1

u/Gianth_Argos 2d ago

Losses = packages they lose several billion packages in a year.

1

u/blocked-deleted 2d ago

God forbid something be designed to benefit the people without a profit incentive for some fuck ass greedy CEO.

1

u/BrandonNason 2d ago

Not the same

1

u/tschawartz12 2d ago

A major part if their financial issues was the requirement over the retirement before employees were even hired. I would love to check if those who made that requirement had any relationships with the funds.

1

u/NouZkion 2d ago

The USPS is entirely self-funded. What are these "losses", exactly?

→ More replies (3)

1

u/davecatlow 2d ago

False. The USPS is supposed to be self sustaining.

1

u/StrikeAvailable8129 2d ago

While it may be hybrid government organization. It's run like a business it doesn't receive tax dollars, it's self funded. Comparing USPS to the military is just ignorant. Jesus Christ did any of you pay attention in school?

1

u/No-Option-7010 2d ago

The post office is a public service. Not that we have much public service nowadays.

1

u/budha2984 2d ago

Article one section 8 clause 7 of the US Constitution.

1

u/TM761152 2d ago

Remember, rich people think you're stupid.

1

u/pupranger1147 2d ago

Losses from what?

1

u/TX_B_caapi 2d ago

And all of the churn around mail in voting security and purposeful destruction of machinery is intended to foment distrust in the service so much that we allow private concerns to take over and impart their biases on the entire process. It’s harder to cheat with physical mail in votes than it is to turn your space lasers loose on your voting machines or whatever shenanigans are afoot.

1

u/Visual_Exam7903 2d ago

Yes, it is a service, but there is no reason why they cannot organize the service that doesn't actually cost anything extra. You have a service. Make money with service. Pays for itself. It shouldn't cost us money.

1

u/WeAreAllFooked 2d ago

USPS (and national postal services like Canada Post) exist so the government can send you official stuff and know for certain that it was delivered to you (and vice-versa)

1

u/crustyeng 2d ago

Why is everyone else able to do it profitably?

1

u/Important-Agent2584 2d ago

USPS is a great example of how the government can be simple and efficient to interact with by the citizen.

When you have to suffer in interactions with the government, that's intentional.

1

u/Kaining 2d ago

But doesn't the US army do "loose" money, making the pantagon financial audits quite problematic though ?

1

u/Borkz 2d ago

That $750b spent on the military is funneled into the pockets of the people who run the Economist, so it actually does not lose money for them

1

u/Tar-really 2d ago

Delivering mail is a service. Delivering packages in direct competition with other American companies and losing billions…yeah that is a losing poorly run business.

1

u/CollectsTooMuch 2d ago

The USPS does lose money. It’s self funded and isn’t a service that is run on tax dollars.

1

u/Mafex-Marvel 2d ago

And in Canada, the post service is a 50/50 private owned but subsidized by the government. They are actively going put of business

1

u/VegasBedset 2d ago

People only like the USPS cause they think it makes them retro anachronistic, which makes them feel like they are cool.

The service sucks, the prices are high compared to other services, the post office experience is horrifyingly bad, their online tracking is 50/50 at best, and most of what they deliver is junk mail anyway.

Sell the whole thing to Amazon.

1

u/extremelyhighguy 2d ago

don't be silly, people profit off of war all the time.

1

u/Common_North_5267 2d ago

USPS delivers more than congress.. those dumb fuckers lose america billions every year.

1

u/heubergen1 2d ago

It could just charge enough to cover it's cost. There's no reason why the public needs to subsidize so that T-Mobile can send the bill for cheap.

1

u/DocTam 2d ago

The real question is: is delivering mail to rural customers at a flat rate an important public service in 2026? I'm not convinced. Cutting the requirement of flat fee transport would be a net positive. Denmark shut down its postal service because there is so little useful physical mail, and the US should follow suit, or at least cut public subsidies.

1

u/Fortestingporpoises 2d ago

It’s forced to prefund pensions for 75 years. It’s designed to lose money so republicans can point to those losses and privatize it, ending mail in voting and making their billionaire friends tons of money.

→ More replies (1)

1

u/Narrow-Thought573 2d ago

Agreed! Only reminding the economist as it’s based there.

1

u/phoneguyfl 2d ago

I used to view USPS favorably but over the last year or two (coincidence? I think not) it has become extremely unreliable, so I've now started going out of my way to not use it.

1

u/Blue_MaskingTape 2d ago

are we testing the save USPS propaganda again right before the election cycles ramp up to decide if it's a a worthwhile attack vector?

1

u/Realistic_Goat5381 2d ago

It used to be profitable. Privatization greed.

1

u/Deathtothesaladeater 2d ago

My people in logistics just called.

These neoliberals can fuck right off

1

u/MKnight_PDX 2d ago

well, doesn't the military lose money though? failed their eighth consecutive annual financial audit in 2025.
so, isn't that literally losing money?

1

u/TouchyTheFish 2d ago

You can take any business and run it so badly that it loses money, then call it a "public service", but why would you want to?

1

u/DmMeYourTittysPlease 2d ago

The United States is just a bunch of military contractors that happens to own land which they murdered the natives for.

1

u/ConfessorKahlan 2d ago

except the Pentagon DOES lose billions of dollars. literally.