USPS

Comments

• 11 Comments sorted by Votes Date Added
• GGreg Doll

  November 2022 1 Likes Vote Down

  Have you received their annual gift catalog? I'm sure some of that stuff would make a nice gift for someone, but with the USPS consistently running in the red, that's the first thing that I would cut if I was Postmaster/Glorious Leader. Massive savings on printing costs alone. USPS should equal selling postage and delivering the mail, period.
• HHenry Brooks

  November 2022 edited November 2022 3 Likes Vote Down

  Quite frankly I can't figure out what the product being sold IS in many of the new ads,. Fast paced, incoherent, no friendly jingles to stick in your head. And apparently no subliminal messages or perhaps my subliminal message center is broken.
  I think that feel good commercials can generate sales just through the appearance of providing a safe haven. Doubt the cost of the ad is a measurable portion of their expenses,
• SSanford Weiss

  November 2022 0 Likes Vote Down

  My understanding is that they are only broke "On paper" because they are forced to prefund retirement and health insurance accounts into the future years (do not know how many) They would actually be profitable if they were not required to do this which according to what I heard on the same news article is not required of any (or at least most) other governmental agencies or private companies. And besides if they are "Broke" they can receive additional government financing so they can buy electric delivery trucks!
• AAlan Jacobsen

  November 2022 0 Likes Vote Down

  I got junk mail for the USPS in the mail today.
  
  Conspiracy theorists believe making the post office fund their employees retirement years into the future
  was a gimmick to balance the US budget.
  Postal employees also have to pay into Social Security now. They didn't have to before.
  If they have a US government pension, why would they need SS.
• SSanford Weiss

  November 2022 0 Likes Vote Down

  Interesting further research is necessary!
• RRobert Welander

  November 2022 0 Likes Vote Down

  To be clear, the large expense that the postal service was forced to pre-fund was for future retiree health benefits, not for pension costs.
• Lauren Cochrane

  November 2022 0 Likes Vote Down

  The Postal Policy Act of 1958 states the post office is not supposed to make a profit.
  
  
  https://www.hipstamp.com/store/stamp-packets-and-more1
  
• Michael Generali

  November 2022 0 Likes Vote Down

  Hi Lauren. It's been a long time.
• George DeKornfeld

  November 2022 1 Likes Vote Down

  The postal reform act of 1971 mandates the USPS to attempt to be profitable, while more recent rulings from the Postal Regulatory Commission mandates USPS pricing be competitive in areas where there is related competition, such as UPS, FedEx, etc..
  
  
• Scott Payton

  November 2022 0 Likes Vote Down

  I wonder if those ads are given discounted rates, and potentially even billed as "Public Service Announcements" by the networks running them (as they have quotas to provide a certain amount of airtime to PSAs.
• Lauren Cochrane

  November 2022 0 Likes Vote Down

  In 1958 it was called Title 1 - Postal Policy. It is now called Title 39 - Postal service
  Unless I missed it somewhere Section 102.5 of Title 1 has never been repealed.
  Basically, the USPS has to spend whatever they make.
  https://www.govinfo.gov/content/pkg/STATUTE-72/pdf/STATUTE-72-Pg134.pdf
  https://www.govinfo.gov/content/pkg/STATUTE-84/pdf/STATUTE-84-Pg719.pdf#page=1
  https://www.govinfo.gov/content/pkg/CFR-2016-title39-vol1/pdf/CFR-2016-title39-vol1.pdf
  https://uscode.house.gov/view.xhtml?path=/prelim@title39&edition=prelim