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Reminder that the Post Office is only losing money because of a 2006 law that forces them to fund their retirement plan for 75 years in advance, which is an insane burden that no nother agency or private corporation undertakes. Also, even if it does lose money, it doesn’t matter because the USPS isn’t a business. It’s a government service provided for the public good.
That’s true, and I did forget about that, but that also doesn’t undo the 16 years of cutbacks they had to make to try to meet that target. It’s also unclear to what happens to the money ($56 out of $72 billion, I think) they had already saved in retirement, but if I member right, they got about $50 billion in debt relief, so I guess that about balances out.