United States Postal Service

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Insolvency Myth

It is often claimed that the USPS is in financial trouble, but this is a misrepresentation. Although the internet has reduced the volume of letters being mailed, the increased volume of packages (because of e-commerce) has more than made up for this. It is only in financial "trouble" because of relatively new rules (generally supported by the same forces who advocate "small government") requiring that it fund its retirement fund 75 years in advance. No other government agency has such a requirement. (See CWRE for details.)

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