tomder55
Dec 2, 2025, 05:56 AM
2003 $107 billion in extra funds was given to the US Postal Services (USPS) to stop the bleeding of consistently being in the red.
Biden signs USPS reform legislation into law, as agency seeks higher mail prices (https://federalnewsnetwork.com/agency-oversight/2022/04/biden-signs-usps-reform-legislation-into-law-as-agency-seeks-higher-mail-prices/)
How did that work out ?
Fiscal Year 2025 they reported $9 Billion in losses even after reporting $80.5 billion in revenue
U.S. Postal Service Reports Fiscal Year 2025 Results - Newsroom - About.usps.com (https://about.usps.com/newsroom/national-releases/2025/1114-usps-reports-fiscal-year-2025-results.htm)
Maybe we should take a page from European nations who have already begun the process of privatization of the post office.
For Deutsche Post, privatizing was a smart move (https://www.marketplace.org/story/2011/11/03/deutsche-post-privatizing-was-smart-move)
Royal Mail | We Own It (https://weownit.org.uk/public-ownership/royal-mail)
Italy - Government undertakes a partial privatization of Poste Italiane | Investment Policy Monitor | UNCTAD Investment Policy Hub (https://investmentpolicy.unctad.org/investment-policy-monitor/measures/2814/italy-government-undertakes-a-partial-privatization-of-poste-italiane)
Biden signs USPS reform legislation into law, as agency seeks higher mail prices (https://federalnewsnetwork.com/agency-oversight/2022/04/biden-signs-usps-reform-legislation-into-law-as-agency-seeks-higher-mail-prices/)
How did that work out ?
Fiscal Year 2025 they reported $9 Billion in losses even after reporting $80.5 billion in revenue
U.S. Postal Service Reports Fiscal Year 2025 Results - Newsroom - About.usps.com (https://about.usps.com/newsroom/national-releases/2025/1114-usps-reports-fiscal-year-2025-results.htm)
Maybe we should take a page from European nations who have already begun the process of privatization of the post office.
For Deutsche Post, privatizing was a smart move (https://www.marketplace.org/story/2011/11/03/deutsche-post-privatizing-was-smart-move)
Royal Mail | We Own It (https://weownit.org.uk/public-ownership/royal-mail)
Italy - Government undertakes a partial privatization of Poste Italiane | Investment Policy Monitor | UNCTAD Investment Policy Hub (https://investmentpolicy.unctad.org/investment-policy-monitor/measures/2814/italy-government-undertakes-a-partial-privatization-of-poste-italiane)