$78 Billion Losses Since 2007

The post office is meant to be self-sufficient, but it hasn’t broken even for years. Total losses since 2007 run to $78 billion, according to a May report by the Government Accountability Office, which said that the “USPS’s current business model is not financially sustainable.” It’s a Blockbuster service in a Netflix world.  According to the Wall Street Journal, August 14, 2020 click HERE to view.

Now that Dr. Fauci has said it is ok to vote in person, we don’t need to worry about mail-in-voting problems.  That will take a load off the USPS — it bumbles along as business drops by 33%. No private business can survive under these conditions.

The outmoded “business model” doesn’t work and congress refuses to allow recommendations made repeatedly by the USPS to make changes and upgrades.  

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s