On Sun, 28 Mar 2021 01:59:26 +0000 (UTC), danny burstein
wrote:

In Ed Pawlowski writes:

[snip]

The USPS also wanted a rate increase but Congress said "no" so they lose
money. They also have to prepay some retirement benefits that industry
does no have do

Bzzzzzt. If you actually looked at the price of sending mail
you'd have seen that, with the notable exception of the basic
one ounce #10 business envelope, whose price has has crept up
at roughly the rate of inlation, just about _all_ the other
USPS rates have gone up _dramatially_ in the past decade.

They've chosen to keep the highly visible "one ounce" standard
envelope charge pretty stable, but as to the others? hahahah.

Plus, of course, lots of surcharges for this, that, and
all the other things.

It is that 1st class letter that is at the center of all of this tho.
They cover their cost on packages, 1st class is a money loser and
Congress will not let the real cost be reflected in the price. It is
still ignoring the real elephant in the room. The USPS has a huge
unfunded pension program that is bleeding them dry.
If Congress would take that back they would be in the black. They
might even be able to cut postal rates. Then they could have a new
pension plan that more closely reflected what the rest of us have, not
the gravy train the union rammed down our throat.