# Postal Service Ends 2009 with $3.8 Billion Loss **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 2, 2010, 5:50am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869 "2010-03-02T05:50:01Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![Jim1234664](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jim1234664/32/7438_2.png) [@Jim1234664](https://forums.speedlife.net/u/Jim1234664)\ **Post date:** [March 2, 2010, 7:56am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/21 "2010-03-02T07:56:02Z")
> [@travisn](#): > > Why shouldnt they? That’s like saying the government as a whole SHOULD operate in the red. > > edit: since when are non-profits out to break even? Non-profits are totally in business to earn money. But their main focus is to serve their customers, anything above and beyond will go back into the business or back to the customer (ie; charity causes for most non-profits). I dont know of any non-profit whose goal is to break even and just cover cost. No one would run a non-profit (or any BUSINESS) if that were the case. BRO, youre missing the point, if the postal service makes a profit that means they charged us, the public more than they needed to for their services. ---
**Author:** ![deebo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/deebo/32/5218_2.png) [@deebo](https://forums.speedlife.net/u/deebo)\ **Post date:** [March 2, 2010, 8:15am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/22 "2010-03-02T08:15:32Z")
i paid for 2 day shipping to send injectors to albany and it got there in 4 days i paid for 2 day shipping on a turbo to philly and it got there in 15 days post office can go fuck it’s self. Do you know how fucking annoying it is getting 4 emails a day for 15 days from someone ? ---
**Author:** ![turbociv](https://avatars.discourse-cdn.com/v4/letter/t/dfb087/32.png) [@turbociv](https://forums.speedlife.net/u/turbociv)\ **Post date:** [March 2, 2010, 8:33am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/23 "2010-03-02T08:33:15Z")
> [@deebo](#): > > i paid for 2 day shipping to send injectors to albany and it got there in 4 days > i paid for 2 day shipping on a turbo to philly and it got there in 15 days > > post office can go fuck it’s self. Do you know how fucking annoying it is getting 4 emails a day for 15 days from someone ? tracking number? insurance? ---
**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\ **Post date:** [March 2, 2010, 8:59am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/24 "2010-03-02T08:59:57Z")
> [@turbociv](#): > > That and usps office is like 1/4mi from my house so i can get there in like under 11seconds.lol LOL this is the best thing I have read all day ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [March 2, 2010, 9:15am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/25 "2010-03-02T09:15:30Z")
But don’t worry, the USPS is a great example of how a well run government option can coexist with private industry (fedex, UPS). /Obama :lol: ---
**Author:** ![deebo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/deebo/32/5218_2.png) [@deebo](https://forums.speedlife.net/u/deebo)\ **Post date:** [March 2, 2010, 9:30am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/26 "2010-03-02T09:30:31Z")
> [@turbociv](#): > > tracking number? insurance? i had tracking on both. I Don’t put insurance on anything unless the buyer wants to pay for it. Sending out the package is my only obligation i sent out 2 packages to hawaii a week ago, cant wait to see how long that takes to get there lol edit: this is the tracking number for the albany 2 day shipping package: 0309 1830 0002 0805 9631 . look at the shipping route ---
**Author:** ![rdandy5875](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rdandy5875/32/7511_2.png) [@rdandy5875](https://forums.speedlife.net/u/rdandy5875)\ **Post date:** [March 2, 2010, 9:32am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/27 "2010-03-02T09:32:12Z")
I was just thinking today when I saw the newscast, when was the last time I bought a book of stamps? I used to go through a book of them in a few weeks, now I only need stamps for holiday cards. I wonder how much online bill pay hurts them. I still use them for packages though. ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [March 2, 2010, 10:06am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/28 "2010-03-02T10:06:38Z")
Perspective: At $3.8 billion dollars, the entire postal system cost us 0.17% of our budget in 2009. If the healthcare system could be run like that then sign me up for a single payer system. :tup: ---
**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\ **Post date:** [March 2, 2010, 10:15am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/29 "2010-03-02T10:15:14Z")
> [@newman](#): > > Bummer. The postal service really stepped up their game lately. You get stuff SO FAST through them… Usually faster than UPS or FEDEX ground +1 I can get stuff to washing state days before UPS/Fedex and for less. Tracking is great, but do you really need to know what hub every single package arrives at? I gladly, give up information to get my stuff days sooner. ---
**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\ **Post date:** [March 2, 2010, 11:48am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/30 "2010-03-02T11:48:14Z")
> [@Jim1234664](#): > > BRO, youre missing the point, if the postal service makes a profit that means they charged us, the public more than they needed to for their services. Sure, I guess. But I would rather see them be self sufficient and have money to put back into the system (pay down deficit or to charity, whatever) than it constantly run in the red and cost us, the public, money. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [March 2, 2010, 11:52am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/31 "2010-03-02T11:52:15Z")
It doesn’t cost us anything, at least right now. It’s the same as a company operating at a loss for the year. They covered it out of their own cash flows. The postal service has not received any money from the government or taxpayers since 1988…they are self sufficient. ---
**Author:** ![Karter](https://avatars.discourse-cdn.com/v4/letter/k/e480ec/32.png) [@Karter](https://forums.speedlife.net/u/Karter)\ **Post date:** [March 2, 2010, 11:59am UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/32 "2010-03-02T11:59:02Z")
cutting wages is never the anwser is it. No you shouldnt make 20 + $ an hour to stand behind the counter and weigh my package. ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [March 2, 2010, 12:02pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/33 "2010-03-02T12:02:11Z")
> [@Just Karter](#): > > cutting wages is never the anwser is it. > > No you shouldnt make 20 + $ an hour to stand behind the counter and weigh my package. one might think you would be a proponent of a low level education career where you can support a family. Also, I’m dont believe the clerks make good money. The carriers make a lot, but those are different. ---
**Author:** ![deebo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/deebo/32/5218_2.png) [@deebo](https://forums.speedlife.net/u/deebo)\ **Post date:** [March 2, 2010, 12:08pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/34 "2010-03-02T12:08:00Z")
i dont know if it was the clerks, or the actual carriers, but there was a help wanted sign at one of the post offices starting at 16$ an hour, it may be the sorters in the back… i dont know ---
**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\ **Post date:** [March 2, 2010, 12:47pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/35 "2010-03-02T12:47:13Z")
> [@Joe](#): > > It doesn’t cost us anything, at least right now. It’s the same as a company operating at a loss for the year. They covered it out of their own cash flows. The postal service has not received any money from the government or taxpayers since 1988…they are self sufficient. Man, that’s real hard to believe if they went through 09 with 3.8B in loss and they haven’t made a profit since 1787. Something just doesn’t add up. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [March 2, 2010, 12:48pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/36 "2010-03-02T12:48:14Z")
It was because they had to dump 5.5B into a trust to cover future pension liabilities. Accounting losses /= cash losses. ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [March 2, 2010, 12:50pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/37 "2010-03-02T12:50:45Z")
honestly, there should be some sort of certification you need to have in order to discuss/debate finance with joe. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [March 2, 2010, 12:54pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/38 "2010-03-02T12:54:35Z")
:bigtup: But really, **IF** it’s a coherent argument, like this one, I don’t mind at all. ---
**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\ **Post date:** [March 2, 2010, 1:02pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/39 "2010-03-02T13:02:32Z")
🙂 I try. ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [March 2, 2010, 1:03pm UTC](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869/40 "2010-03-02T13:03:00Z")
same thing with me and phones. [Previous page](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869.md?page=1) [Next page](https://forums.speedlife.net/t/postal-service-ends-2009-with-3-8-billion-loss/79869.md?page=3)