re: Is the USPS dying because it didn't recognize its real business?

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Well if you believe that I am sure it is so.

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They've had to borrow from the treasury the past couple of years since Congress made the USPS start funding an account for future retirement benefits. The USPS has plenty of money in that account to pay off the debt yesterday (they wouldn't have had to borrow it in the first place without the new mandate from congress), but Congress also won't let them dip into that fund...

Do we need USPS? Yes, they serve markets that UPS and FedEx can't and won't touch.

Does USPS need to change? Absolutely.

Do they get "funding" from the government? Not like most of the posters think they do. Less than 1% of the USPS budget came from the feds and it was a reimbursement for providing free services to the blind and overseas voters. Otherwise, the $65 Billion in revenue they do is entirely from postage and other services. Not tax dollars.