US Postal Service expects to run out of cash in a year

lxm 13 points 7 comments March 19, 2026
abc7.com · View on Hacker News

Discussion Highlights (4 comments)

b3ing

Was it on purpose? I’m sure politician buddies hate that people still have job they can get a pension with, when instead they could be taking that tax payer money and buying children on islands

timtim51251

They don't need more money. Mail volume is down 47% since 2000. Employees should be less than half, but its not even close. They keep employing people that are not needed and that don't do the job right. They constantly deliver the wrong mail and it happens all the time.

UltraSane

The GOP has wanted to privatize the Post Office for decades despite it being mandated by the constitution.

mindslight

I wrote this in response to a comment concerned about shutting down the USPS before midterm elections, but the comment I was responding to is now dead so I'm posting top-level: I don't think Biden really undid the America-last saboteurs that Grump installed in his first term, so they've had plenty of time to make themselves at home. The obvious play is to selectively hold back ballots based on the prognostications of the Party's surveillance databases (including voter roll data extorted from states). Presumably even if they're caught, they'll claim federal immunity from state laws about election tampering - the same as they've done in every other instance where they've blatantly attacked states. So it probably makes sense to show up to the polls in person. If you're worried about possibly facing intimidation from ICE (SS) and the Poor Boys (SA), it makes sense to send in your ballot and then show up in person to the polls anyway to make sure they've got you down as already having voted. As far as the USPS's problem itself, the obvious answer is to repeal the legislation intended to strangle it with debt, and simply fund it like any other public infrastructure. We don't see articles about highways needing to shutdown because they're unable to take on more debt. Rather we recognize their existence generates diffuse hard-to-account-for value and fund them with public money.

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