No wonder the USPS is going broke

[japhi]

If anyone really wants to know why USPS posts losses check out 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. The Repubs put this in place to bankrupt USPS so they could take them private.

And it's working, look at all the bellyaching on this tread about the USPS being poorly run, which is not true. They are forced to manage the books unlike any private org so they show large paper losses.

In truth USPS does post an operational profit and they are very efficient.

If USPS is privatized expect large subsidies to the firm that wins the contract, less service to urban markets, decreases overall service levels and an increase in shipping costs.

I worked 5 years for a major shipping company in a management role and it anything things that the private carriers are any more efficient your nuts. More profitable, absolutely.