THIS, at the request of the postal service, to keep operating. Of course, they have been required to operate at a ‘profit’ since 1970, and have maintained their status as a losing proposition since that time.
In other words, in the RED!
“Why don’t we just get rid of them?” You ask.
Well, we’ve millions of retired postal employees with their cushy pensions and medical care they were promised to deal with.
AND, there’s that pesky Article I, Section 8, Clause 7 of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress “To establish Post Offices and post Roads“.(Wikipedia)
Therefore, it would take a Constitutional Amendment to abolish the Post Office.
First Class Postage (2004) 37 cents
First Class Postage (1994) 29 cents
First Class Postage (1984) 20 cents
First Class Postage (1963) 4 cents (Yep, LBJ started the sharp uphill battle.)
No wonder most people now use Email and UPS!