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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (14381)8/23/2022 11:22:26 PM
From: Sdgla  Read Replies (1) | Respond to of 26440
 
What % of mail delivered by the PO is junk ? The operation runs at a $1 to $3Billion loss annually. Prez Trump attempted to fix that but we all know how that was ridiculed. Switching to EV’s for delivery does not fix the big picture issue.

The key data point: Between fiscal years 2007 and 2019, the Postal Service netted losses of approximately $78 billion — and that's despite receiving roughly $18 billion each year from American taxpayers.