Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

USPS is in big financial trouble because half the government is actively trying to kill it, by not allowing it to raise prices.


"USPS being in big financial trouble" should be considered a crazy idea. To me, it's like saying the "Senate" is in big financial trouble or the Federal Reserve is in big financial trouble. USPS should be a federal entity. They should be managed just like the State department.

What the USPS accomplishes is amazing. For a few dollars, you can send anyone a letter or a package to anywhere in the United States. The amount of productivity and the improved standard of living they provide incredible.


Not to mention a level pension funding obligations that no other government agency has to suffer through.


I always find that argument hilarious because the USPS was required to actually have conservative, healthy funding for their pensions - something no other state or federal agency does! And this is supposedly a bad thing! Just look at Chicago for an example of unfunded pension liabilities - a ticking time bomb.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: