USPS is not government funded. It is self- sustaining. Revenues cover operating expenses. Yes, USPS does take appropriations from Congress when it’s used for technology or infrastructure, but operating expenses (gas, lights, salaries, benefits) all come from what we make. That’s why the USPS is in between a rock and a hard place. Universal service but has to be self-sustaining financially. Sometimes those two things are at odds with eachother.
@sayachan60698 күн бұрын
In the UK David Cameron privatized the royal mail so my advice to Americas on this is DON'T!
@Arewethereyet699 күн бұрын
USPS is not the problem the problem is other private companies that will off load their unprofitable deliveries to USPS. Same thing with gov funded healthcare, private companies will take only those it can make money off of and give everything else to the gov.
@benchoflemons3989 күн бұрын
So the government is pricing services incorrectly?
@1075Delta9 күн бұрын
@@benchoflemons398that's one way of thinking about it. The gov subsidizes the delivery rates for businesses that sends out advertising so they can make their trillions of dollars.
@JustinDean-w3d9 күн бұрын
why would you take on unprofitable deliveries? that would come at the expense of the company. govt funded organizations can bear the losses because their perpetually bailed out by tax dollars. tax funded companies socialize their losses onto tax payers. this idea that if we label a service as "essential" that suddenly nullifies basic economics. those deliveries are unprofitable with the current approach but that doesnt mean if new competition were introduce, other innovations couldnt be created that achieve the deliveries but profitably.
@Arewethereyet698 күн бұрын
@@benchoflemons398 well its more of a corrupt system where you have politicians being funded by corporations to make government institutions worse so these private companies can step in. The person in charge of the postal service is currently a guy who used to work for Fedex. So the person knows how to run a profitable business but its in his and his ex employer to make sure the government isnt doing a good job and is a drain in the system so companies like fedex can profit.
@Swany05256 күн бұрын
What's hilarious, is that all these so called pundits have an opinion, and they know nothing about the history or inner workings of the post office.
@Dooden687 күн бұрын
The post office is in the US Constitution and cannot be privatized unless there’s a constitutional amendment. I am an employee of the United States Postal Service, and I have to say, something needs to be done and needs to be done quickly. I hope they can find some answers to resolve this issue.
@juniyananajukyu6 күн бұрын
How's peak in your area??
@SaintGBar226 күн бұрын
Nothing needs to be done. It’s not a business it’s a service. It’s not profitable to deliver to all parts of the country and never will be.
@Dooden686 күн бұрын
@@juniyananajukyu not nearly as busy as last year, but most certainly busier than normal time of year.
@jerzyghost726 күн бұрын
I work at USPS too. They need to get rid of dejoy. He's tanking the USPS to sell it and get rich
@carlpurifoyii91235 күн бұрын
It's busy where I am, too. Lots of packages.
@keets979 күн бұрын
police and fire depts don’t make any money for this country either. should we get rid of them too?
@ClarenceJones-uf9dh6 күн бұрын
Best response so far
@Jerahzz6 күн бұрын
Ding ding ding!!!
@__DexJames__9 күн бұрын
The PO was set up as a non profit entity. In the late 80’s the PO invested millions into small package processing equipment only to be sold of for pennies on the dollar to you guessed it UPS just before the internet market place started to build. Back in the early 00 the PO was in the black and planned to electrify their fleet since fuel and maintenance was a large part of their expenses. The oil industry was to have none of that so in 2006 Congress pasted legislation that said the PO has to fund the retirement of FUTURE employees, killing the electrification. PO General Louis DeJoy who’s financial interest lye with a private parcel service and connections to Osh Gosh Engineering, has been setting up the PO for failure since he was appointed. I know why he is still there but why the Biden or Obama administrations didn’t throw some influence over the PO board and get rid of DeJoy is a mystery to me. I can go on but if you made it this far, thank you, write your congressperson and say no to privatization.
@kyleguebert55269 күн бұрын
Solid film choices from Neal
@JeanneBrophy9 күн бұрын
Typically you guys nail it. How is it that you can dedicate this much time to USPS and not talk about Bush and the pension funding change which is the systemic issue!
@tobydoyhowell9 күн бұрын
Had it in our notes but ran out of time!
@ousmanfatty24929 күн бұрын
Good Morning BD, Day 41. Keeping the train going! We’re going for 365!
@itsarchi59688 күн бұрын
There was a time when USPS used to have a bank inside it. I feel like bringing that back is not the worst idea.
@MrStark-up6fi4 күн бұрын
Remember when the UK privatized the trains? Chaos. Putting up the postal service as a for-profit motive will not end well
@allpraisewebb11426 күн бұрын
Easier said than done! This would have to go through congress and all types of things Trump can't just "privatize" anything! The process would take so long it would be years from now
@johnquiroz82792 күн бұрын
USPS is covered by the constitution
@Lucario11218 күн бұрын
Neil: I'm not an iphone user Neil you literarly told us you bought an iphone during the holidays
@IdMonster0017 сағат бұрын
Lets privatize the DOD and DHS as well.
@jamesfarrell83399 күн бұрын
Good morning everyone Have a injury free day
@BryantFarris4 күн бұрын
USPS = United States Postal Service ****** its to provide efficient delivery everywhere for the nation, the entire purpose is not to be profitable, it is government funded, and subsidized for a reason! To provide reliable, cost worthy service..... if you take away the subsidies.... one of those 2 things change, the quality/ and reliability in which many forms of mail only get delivered via due to trust with the Postal office, or 2 the cost of the service for everyday Americans.
@louisgibson579510 сағат бұрын
Not government funded
@TriPham-j3b5 сағат бұрын
Teleporting mail package less than 1 lb is eaily need no driving no car no truck
@Isnax279 күн бұрын
In what dimension is Gravity better than Interstellar
@cloudnationmedia83266 күн бұрын
Sounds like a postal 📫 tax may be coming 🤔
@WisdomSeeker8089 күн бұрын
7:25 LOL
@loladiaz35348 күн бұрын
Newman !!!!!
@davidseek9 күн бұрын
It’s “den” not “das” Strugglebus 🙂
@TriPham-j3b5 сағат бұрын
Using advance high power imax can project airplane holigram or anti air missile can create explosiin even wirh only using light and sound and high speed cpu
@michaelsapien13379 күн бұрын
Dang - Im ahead of the curve with my last name
@TriPham-j3b5 сағат бұрын
No way
@rxheaty69069 күн бұрын
NOT GERMANY NOOOO!!! (joke)
@Swany05256 күн бұрын
This stuff is hideous
@Dooden687 күн бұрын
The post office is in the US Constitution and cannot be privatized unless there’s a constitutional amendment. I am an employee of the United States Postal Service, and I have to say, something needs to be done and needs to be done quickly. I hope they can find some answers to resolve this issue.