Democrat Disgraceful Ploy

[dellinger63]

Originally Posted by Danzig

Despite this virtual monopoly worth some $45 billion a year, the law does not require that the Postal Service make a profit -- only break even. Still, the US Postal Service has averaged a profit of over $1 billion per year in each of the last five years. .

The Postal Service itself disagrees.

USPS is trying to curb steep losses. It posted a $3.8 billion loss in its 2009 fiscal year, the latest in a multiyear string of whopping losses. Mail volume was down 12.7% for the year, a trend the agency expects to continue over the next decade as more consumers opt for online bill payments and message delivery.

http://money.cnn.com/2010/03/02/news/economy/usps/

[timmgirvan]

Originally Posted by dellinger63

The Postal Service itself disagrees.

USPS is trying to curb steep losses. It posted a $3.8 billion loss in its 2009 fiscal year, the latest in a multiyear string of whopping losses. Mail volume was down 12.7% for the year, a trend the agency expects to continue over the next decade as more consumers opt for online bill payments and message delivery.

http://money.cnn.com/2010/03/02/news/economy/usps/

I think 1 year in the last 10 the post office made money.