Report Says President Trump Was Right ' The Postal Service Loses Money Because It Makes Bad Deals On successive pages open ocean-deep in the report of President Trump’s task force on how to improve the U.S. Postal Service can be found both the challenge it faces and the problems it will have in meeting that challenge and returning the Postal Service to some semblance of fiscal sanity. First, the report talks about how the Postal Service does not assess enough of its costs for delivering packages to customers, causing large losses that actually grow along with volume. It says the Postal Service needs to establish a new balance sheet to track these costs and increase the amount it attributes to package delivery – now 5.5 percent of institutional costs – to closer to reality, which is about 23 percent. It then tells us that operating costs will go up 70 percent over the next 10 years, primarily because the Postal Service must replace the fleet of aging vehicles it has kept on the road because of the current budget constraints with more expensive vehicles that are designed to handle its burgeoning package business. CARTOONS | AF BRANCO  VIEW CARTOON  We can talk about prefunding benefits and universal service obligations forever, the report implies, but until Postal Service executives begin to price their products to make a profit rather than to run up volume, the problems are only going to get worse........ https://townhall.com/columnists/brianmcnicoll/2018/12/21/report-says-trump-was-right-postal-service-loses-money-because-it-makes-bad-deals-n2537941