there seems to be a lot of confusion on the why, usps operates well but (like other companies too) is required to prefund pensions, which increased to include retirement medical funding in 06 and they defaulted on after 2009, instead trying to keep enough liquid cash out of pensions that they could keep up operations and keep them inexpensive, so this combo of trying to do things cheaply and reliably conflicted with mandated obligations to employee retirement and amassing some losses. looks bad.
and it seems like the usps fairness aims to basically do that - cut it's requirement to prefund retirement medical. at the same time prefunding could be benficial by being able to invest that money too so it's not an obvious win. And I think that's why it was mandated - it should result in less total spending, but then we had recessions and a reduction in mail volume kinda right at the worst time. and there was a little relief but stopped short, we probably should've eased the requirements during it's toughest years but didnt
but alos, if the biggest issue is requiring retirement medical, it should be possible to address by simply relying on Medicare, though that would reduce the employee retirement medical benefits - I don't actually know ebough about it. they tried it but it failed to pass
HOWEVER it does seem like the current push is to point at this and rather than address the issues is to use them to justify drastic cuts in functionality and we run into this issue of whether the postal service is a service or a business
UPS has pretty awesome pay and benefits and pension too, and fedex puts tons into retiree healthcare as well, it's just usps is heavier on the day to day to make up for being underfunded
that and they get gvt employye bennies which are sweet but $$. so how do you you reduce the generous benefits, that'd be shitty. but maybe necessary
At any rate, the USPS is a necessary service and very beneficial for small business, home delivery to elderly, affordable reliable shipping etc and efforts to "save" it by dismantling it's effectiveness seem really counterproductive and very out of line with it's problems.
It does seem like it's being run like a business, but a business where the owners intend to cash out and dismantle it