< The Postal Accountability and Enhancement Act. The act forces USPS to pre-fund a whole bunch of future liabilities like healthcare for the next 75 years. >
IMHO, In the history of the world, I don't believe any business has been ordered to pre-fund expenses 75 years out. No business could survive doing that; but USPS was directed to do that by Congress. Now, if you want to blame someone for USPS financial losses, one only needs to look at Congress as the reason. I believe it is factual to say that USPS would be breaking even or better if the Postal Accountability and Enhancement Act was not implemented. Do you think Congress is really setting aside expenses USPS is mandated to fund 75 years in advance? USPS is a piggy bank for Congress, and not many people seem to get that.
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I was gratified to be able to answer promptly and I did. I said I didn't know. Mark Twain - Life on the Mississippi
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