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#21
01-04-2015, 02:26 PM
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Mike, from where (besides us taxpayers?) does the federal govt. obtain the "percentage of which is matched by the federal gov?" The USPS isn't "running self-sufficient" if it can't fully cover its retirement obligations to its employees (which it can't!). My response to your telling me "USPS has been running self-sufficient since the 70's" is that "I'm from Missouri," which is known as the "show me" state. From everything I have read, the USPS is not close to running self-sufficient, unless one is using something other that GAAP accounting, because if it were, there wouldn't be all the recent proposals to reduce residential service and close lots of small, inefficient post offices. But, I invite you to prove me wrong - kindly send your proof to ekehl333@aol.com.
Val 
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