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In reply to the discussion: I am so very GD PISSED Right now - FEDEX can kiss my ass Anti-vaxers come at me bro [View all]former9thward
(33,424 posts)Although since you think we are 99% to fascism I am not optimistic.
The post office is not required to do "last mile delivery". They do it because it IS profitable for them. The post office is going to all mailboxes anyway so it does not cost them extra to take third party packages. It also creates efficiency for companies like UPS and Fedex so it is a Win-Win for both sides. BTW it was Trump who attacked the post office for last mile delivery because he hates Amazon.
All companies are required to pre-fund retirement under the ERISA Act. The bill requiring funding by the post office was passed by Congress in 2006. It had a ten year window which expired in 2016. Starting in 2009 Congress waived the yearly funding requirement and the post office stopped making payments. So that can't be blamed for any cash shortage on the balance sheet because they are not paying.