Home / Sports / USPS's Financial Crisis, Explained | WSJ

USPS's Financial Crisis, Explained | WSJ

More than a decade of losses have put the U.S. Postal Service in a dire financial situation. To understand how this happened, WSJ takes a look back at how the modern postal service became an entity balancing public service and the need for profit. Photo Illustration: Jacob Reynolds/WSJ

More from the Wall Street Journal:
Visit WSJ.com: 
Visit the WSJ Video Center: 

On Facebook: 
On Twitter: 
On Snapchat: 

#WSJ #USPS #Explainer

About News Update

Avatar

Check Also

Diego Maradona recounts 'Hand of God' incident during 2006 BBC interview

Diego Maradona, regarded as one of the greatest footballers of all time, has died aged …

10 comments

  1. Avatar
    El Canal de Rebeca

    Good morning

  2. Avatar
    El Canal de Rebeca

    Hola cómo estás saludos llequeeee 🙋‍♀️🙋‍♀️🙋‍♀️

  3. Avatar

    2020's are looking a lot like 1970's, civil unrest, riots, USPS problems.

  4. Avatar

    the USA is trying to privatize the USPS?

  5. Avatar

    The democrats only chance to cheat =universal mail in ballots.

  6. Avatar

    George Bush wanted to privatize the USPS and we are paying the price today.

  7. Avatar

    Hack job from WSJ . . . it doesn't mention that the 2006 law required the USPS to fund employee pension obligations 75 years out . . . a requirement that had the express intent of destroying the USPS.
    What private company funds pension obligations for employees not born nor hired yet . . . NONE. That is the meaning of this 2006 law's 75 year requirement.

  8. Avatar

    This video is more useful than the current bureaucratic response to the years-long, bleak outlook for the USPS. Too often, America's congress provides a bi-partisan failure to adequately create solutions to issues like this in a timely fashion. The American people need better leadership and service from Congress.

  9. Avatar

    Dear WSJ,
    Thank you for posting.
    Truth
    Without the USPS we cannot pay for water, gas/electricity or even a vehicle.
    Well, I suppose it's time to buy a mule.
    🐎 <– a mule
    Pack up our essentails only.
    🎸🏹🧦🧤 <- essentails
    Find the nearest natural water source.
    💧 <– water
    Build a hut made of recycled plastic and duct tape.
    🏕 <– plastic duct tape hut
    Then, we need to *gather some wooden sticks and place in a bundle to put on the fire.
    *Cliffnotes: The Oxford dictionary indicates there is a word for this.
    True Story
    My grandfather shouted firm and proud that word! (in the woods upstate New York in the year 1928).
    Nobody got arrested!
    And I'm still alive to tell the tale! 💪👩‍🌾
    God Bless President Trump 😇🙏
    • Love inside 💕
    Michigan, USA 🇺🇸
    • That's why. 👶

  10. Avatar

    This story is Propaganda for the de funding for the USPS. They tell you it can't survive but don't mention that the bill passed in 06 was designed to create this problem and that's what all of those out of context postmaster general quotes were really about. Pretty gross, WSJ.

Leave a Reply