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- Aug 30, 2018
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- 1,594
None of your sources mentions a word about the USPS receiving tax dollars. Try again.
So where does the money come from?
None of your sources mentions a word about the USPS receiving tax dollars. Try again.
Sorry to burst your bubble.....I apologize ahead of time if this comes off as rude but before you tell someone they are wrong about something, just do a quick internet search to make sure they are actually wrong.
https://www.forbes.com/sites/stevep...e-loss-for-the-2017-fiscal-year/#106b2107f79a
https://www.google.com/amp/s/qz.com...ot-of-money-because-of-the-us-government/amp/
https://www.google.com/amp/s/www.pb...ice-marks-11-straight-years-of-financial-loss
The USPS is part of the federal government so it is very easy to do a quick search to see their financial status/history.
They have lost money every year for the past 12 years running and they have a monopoly on first class mail. They claim that their operating expenses don't require tax dollars but that's just semantics as they have huge retirement expenses that require our tax dollars/deficit spending to meet.
A private enterprise would have been out of business long ago if they operated as poorly as the USPS but since the federal government has an endless supply of tax dollars/deficit spending, they are allowed to stay afloat.
Back when they didn't lose money, their rates were exorbitant and Lysander Spooner started a competing mail company and was quickly shut down by the feds. Like it or not, your tax dollars and/or progeny's tax dollars are keeping them afloat