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For 55 cents, USPS will deliver a letter anywhere in the country quickly and reliably. It offers more than half a million workers — 40% Black, Hispanic, and Asian — good wages and a dignified retirement.
Private businesses should act more like USPS, not the other way around.
Private businesses should act more like USPS, not the other way around.
Since some are saying USPS can do this only because it loses money:
If not for a requirement to pre-fund retiree health benefits for 75 years — a mandate that applies to no other business on Earth — USPS would have been consistently profitable. https://ips-dc.org/how-congress-manufactured-a-postal-crisis-and-how-to-fix-it/
If not for a requirement to pre-fund retiree health benefits for 75 years — a mandate that applies to no other business on Earth — USPS would have been consistently profitable. https://ips-dc.org/how-congress-manufactured-a-postal-crisis-and-how-to-fix-it/
Ultimately, the key difference between USPS and private companies is that USPS doesn’t have an obligation to maximize shareholder returns. That allows it to focus more on providing good service and offering employees decent pay and benefits — while still generating a profit.
