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AngelMark 5 points ago +5 / -0

Post office has been bleeding money for DECADES! They need new management!

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realJohnBarron [S] 2 points ago +2 / -0

Definitely!

For many reasons, here is one in particular

The Postal Service is burdened by a 2006 statutory requirement imposed by Congress to fully pre-fund its liabilities for retiree healthcare costs, a requirement that no other federal agency or private-sector company faces. These liabilities, combined with the Postal Service’s unfunded pension liabilities, currently total about $125 billion, which is almost double its annual revenues