.....Who the hell would trust an organization that has as many problems as the post office?
Elderly, retirees, veterans, rural areas, holiday mailers and so on. Yeah, its a badly run government office just like many other government offices that are losing money.
The USPS is just the more visible than the other losing government offices.
Unfortunately, there's a misconception that people develop when they see companies like FedEx, Purolator, UPS and such...they think they can run the post office via a similar like business model...
They can't.
The problem is the government. It has mandates in place that prevents the USPS from controlling the cost to mail a letter. To be precise, the cost to mail a letter is a political issue and has always been that way.
That in itself gave rise to other businesses that can deliver mail more efficiently and faster on the local level of almost every city...forcing the USPS to get involved in other areas its not equip to run well.
Things changed bigtime in 2006 when lawmakers imposed new expenses on the USPS because it was "too profitable"...a bad time to do such because the internet was booming big time. People had less of a need for the USPS letter service but lawmakers cemented those expenses in place...
Big gigantic mistake.
Worst, congress require the USPS to
prefund its healthcare of workers. No other business does that except for the USPS.
That's why its
very suspicious when someone removes mailing boxes and does equipment upgrades during a Pandemic and an just before a Presidential election...
Under the facade to make the USPS profitable when the only way to make USPS profitable is to fix those congressional mandates and fix those prefund of the healthcare system within the USPS to make it profitable again.
Its an old school
Russian political tactic of suppressing votes.
- Fix the USPS after the elections and after the Pandemic.
Yet, don't mess with it when people are dependent the most upon it than ever before.
wrbtrader
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