The good news is the federal mail delivery monopoly — the Postal Service — only lost half as much last year as it did the prior year. According to Reuters the USPS posted a net loss of $9.2 billion for…
There is a classic episode of Seinfeld where George visits postal worker Newman’s office to drop something off and is surprised that he’s not at work. “I don’t work in the rain,” Newman announces — much to the chagrin of…
With all those trillions floating around for pandemic relief, some potential recipients of federal funding were bound to try to game the system in their favor. But the U.S. Postal Service? Indeed, it seems as if the Postal Service is…
Long before the coronavirus struck, the United States Postal Service (USPS) was languishing under systemic financial problems caused by its outdated business model. And with everyone seeking help during these trying times, the USPS is trying to exploit the coronavirus…
Over the weekend, #postalservice began trending on Twitter. That’s weird, seeing as the Post Office is, well, the Post Office. And I say that as someone who has spent 17 years studying postal policy. (Thank you for your sympathy.) The…
Our editors’ inboxes and comment sections are filled with insightful, sharp, and thought-provoking responses from our readers. So we’ve started a weekly roundup of highlights. Check up on our blog each Friday for more, and send your letters to editor@spectator.org!…
Across the United States, myriad pension and trust funds are in trouble. Serious trouble. The U.S Postal Service’s retiree health benefits fund is underfunded by $70 billion and will be depleted in 10 years. In Illinois, the state’s teacher pension fund…
The United States Postal Service has many troubles. Mail volume has plunged more than 30 percent since 2007. The agency, which was designed to be self-funding, has run deficits for many years. And earlier this year, the postmaster general told…
Postmaster General Megan Brennan is set to step down, and her successor will face the daunting task of turning around the U.S. Postal Service’s finances. But the task became a little easier last month when President Trump’s top trade negotiator…
