The following link pretty much says the cost of the shipment have to be recovered.
Making the Postal Service viable for the 21st century will require a top-to-bottom rethink. Parcels priced at profitable rates may be a part of that new model, but more widespread, robust change is needed, lest taxpayers wish to find themselves bailing out the Postal Service.
I am a conservative but the right wing conspiracy theories on Gates, the post office, the deep state, chemtrails, mail-in voting and a host of other nutty ideas are becoming annoying and scary.
People are going to realize selling on amazon is a recipe to be copied by amazon. Itâs a huge reason for people to choose SHOP. FBA is bigger, growing faster, and far more profitable than Amazonâs own retail business.
Trump says he will block coronavirus aid for U.S. Postal Service if it doesnât hike prices immediately
The president said the postal agency should quadruple its package delivery prices and said he will stop congressionally approved funding
I do not get it, why is USPS reluctant to hike prices?
Because package pricing has nothing to do with it. The only reason USPS runs at a loss is an artificial mandate passed by the republican congress that requires them to prepay 75 years of benefits. Even apple would run a loss if they had to prepay 75 years of benefits.
All of this is just smoke and mirrors to achieve the long desired republican desire to dismantle the USPS. Sad thing is it will impact their voters the most as it will affect rural postal delivery and also USPS does more then just mail (for many under served locations, it provides money order abilities, passport services, etc).
The USPS is efficient. itâs not a burden on tax payers. It has been purposely crippled so that there can be talking points provided to people like you to justify shutting it down. If you remove the 75 years prepay, USPS is just fine. If you remove USPS, we will end up like where are with the telcos. Rural communities get screwed (poor or no broadband coverage, in this case no mail delivery) while everyone else will have no choice (only Comcast in many regions), poor service and high prices.
But it will meet Republican objectives of skimming money out of the middle and lower class and pushing it to a handful of gatekeepers.
I read very minutely everything you write. That is how I ask questions based on what you say. For example, now you are saying that USPS should not pay (or prepay) the retirement expenses. Then who should pay? Should the taxpayers pay? I am assuming your assertion is true, although I have found at several occasions, the information supplied by you did not match the standards of a true statement.
I âlikeâ how you spew right wing talking points from Fox and require others to back up their facts. Then again facts have a liberal bias. Easy to search, use google.
You should read first yourself before you post here.
According to the USPS website: Retiree Health Benefits Prefunding
The pre-funding requirement, as it currently stands, contributes significantly to postal losses. Under current law, the Postal Service must follow a mandated pre-funding schedule of $5.5 billion to $5.8 billion per year through 2016.
According to the USPS website. Prefunding ended in 2016. Did I get it right?
What is stopping USPS to be profitable now?
Anyway, that is not an important point to me.
What bothers me that USPS should be self-sufficient and not be depended upon taxpayer bailout every year.
They were given an impossible task and havenât met it yet. They havent finished prefunding the pension obligations. so the loss is arbitrary. You remove the requirement to prefund 75 years, the loss disappears.
I liked the way you changed your story now that truth has came out. All they are being asked is to charge market prices for the services they provide. What is wrong with it? If they earn more, they will meet whatever obligation they have to the pension fund. The problem is they are not even trying and want taxpayers to fund their retirement.