The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: UPS screwing customers at Christmas||Date: 12/22/2009 12:07 PM|
|Author: tenworlds||Number: 22325 of 90027|
"However, because the USPS is a federal government entity, the USPS’s competitive products operations enjoy an estimated implicit subsidy of between $39-$117 million a year."
Interesting that you left off the little tidbit directly above the snippet you provided;
Federally imposed restraints on the USPS’s operations increase its costs to provide competitive products by an estimated $330-$782 million a year. That would appear to substantially more than offset the "estimated implicit subsidy".
Do you know what "estimated implicit subsidy" means? Not necessarily that the USPS gets funds, but that their cost of operations may be below market because of Fed regs. That's why it's 'estimated'. They get no direct funds.
But let's not allow ALL the facts get in the way of your piffle... er, I mean rant.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|