In response to “Should the Postal Service be sold off to save it?” article of Sept. 29, I have this to say. It seems that every article written about the USPS goes like this:
1. The post office is losing money.
2. To fix the problem, Congress needs to cut services, like Saturday mail delivery.
3. If all else fails, sell the USPS to the highest bidder.
There’s a problem with such a scenario.
The USPS is making a profit. Yes, a profit! Since October 2012, the USPS has been operationally profitable to the tune of $2.9 billion. But because of the ridiculous mandate to pre-fund future retiree health benefits 80 years in advance, which costs the postal service $5.5 billion a year, writersclaim the USPS has one foot in the grave and the other on a banana peel, when in fact the opposite is the case.
The USPS is lean and mean, having shed approximately 100,000 career positions in the past five years while adding 3 million delivery points. The USPS took in almost $68 billion in revenue last year, up $3 billion from 2012.
Reports of the USPS’s demise have been greatly exaggerated.
Eric Ellis, California State Association of Letter Carriers District 4 Officer, Fresno