That's true, they're basically subsidizing China's shipping due to like a 150 year old treaty. Does that mean that USPS is not turning a profit though? I know Canada is for sure because they put the numbers out every year. In 2017 they turned $140 million, and in 2016 they made $80 million. I don't think that the USPS should just ignore a treaty, but I do think there's gotta be some room for the changes in global economics over the last 100 years or whatever. US retailers are suffering because of it.
Edit: Wow, apparently 2017 was the 11th straight year of running at a net loss for USPS--> https://www.pbs.org/newshour/nation/u-s-postal-service-marks-11-straight-years-of-financial-loss
True, but we pay for it one way or another, whether it be through taxes or increased shipping costs should they privatize. We've also already got two or three large private competitors in the US, so there's not much point in removing the one public sector option we have.
Oh. I must have just hallucinated Trump praising despots and disparaging our allies the world over. Good to know that this administration has everything under control, and totally isn't a dumpster fire that ignores journalists being sawed into pieces in exchange for Saudi blood money. /s
USPS lost too much money because the Congress force USPS to fund the pension, but none of other government agencies required to fund, so it started in 2006.
Of course, USPS is in huge mess and post office in our area hasn't renovated since opened in 1970s, everything looks 1970s.
Moderators, my apology for double post and I thought it would be merged automatically.
Last edited by JeepX87,