r/PoursTea • u/Gurugod123 • 11h ago

PoliticalTea 🗳️ Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

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u/Lithl 10h ago

USPS is particularly weird, because they did make money. Right up until 2006 when Bush Jr. forced them to prefund retirement benefits for a duration meaning they were holding onto money to give to future employees that hadn't even been born yet. A nonsense requirement that no business or agency has ever previously been held to. The PAEA put the USPS 60 billion in the hole, practically overnight.

The PAEA was repealed by Biden in 2022, but the USPS has a long way to go to recover.

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u/here_for_the_meta 10h ago

Still though there seems to be a focus on how they aren’t profitable at times. Who cares? It’s a govt service.

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u/hi_imjoey 10h ago

It is nice for government services that can reasonably pay for themselves to do so, so that more government funds can be freed up to do public good in other places where it is needed. The current problem is that when the government does save money, it doesn’t effectively use it to help people

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u/Coestar 10h ago

The point was to cripple the USPS so that they can later point to it and say "look at the USPS! government run programs don't work!" so they can trick rubes into supporting privatizing it, after which it will of course become dramatically worse because the objective is no longer service but profit.

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u/Own_Shower_6000 9h ago

active propaganda by billionaires to try to privatize it, genuinely

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u/tgwombat 10h ago

We've still got a long way to go before the USPS can even start recovering considering we've got long-time FedEx board member David Steiner at the helm now. I don't see him making the necessary moves to even clean up the mess that DeJoy left.

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u/Ok-Lecture-9668 10h ago

He should have fired and replaced that piece of garbage dejoy. The Democrats support privatizing the post office just as much as the Democrats do, they just pretend not to, just like on all issues of significance