{"id":3946,"date":"2019-03-03T17:43:29","date_gmt":"2019-03-03T22:43:29","guid":{"rendered":"http:\/\/kevinrkosar.com\/wordpress\/?p=3946"},"modified":"2019-03-03T17:43:29","modified_gmt":"2019-03-03T22:43:29","slug":"five-charts-show-the-grim-financial-condition-of-the-u-s-postal-service","status":"publish","type":"post","link":"https:\/\/kevinrkosar.com\/wordpress\/five-charts-show-the-grim-financial-condition-of-the-u-s-postal-service\/","title":{"rendered":"Five charts show the grim financial condition of the U.S. Postal Service"},"content":{"rendered":"<div id=\"attachment_3947\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3947\" data-attachment-id=\"3947\" data-permalink=\"https:\/\/kevinrkosar.com\/wordpress\/five-charts-show-the-grim-financial-condition-of-the-u-s-postal-service\/kosar-postal-finances-03-01-2019\/\" data-orig-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019.png\" data-orig-size=\"747,550\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Kosar postal finances 03-01-2019\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: Government Accountability Office&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019-300x221.png\" data-large-file=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019.png\" class=\"size-full wp-image-3947\" src=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019.png\" alt=\"\" width=\"747\" height=\"550\" srcset=\"https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019.png 747w, https:\/\/kevinrkosar.com\/wordpress\/wp-content\/uploads\/2019\/03\/Kosar-postal-finances-03-01-2019-300x221.png 300w\" sizes=\"auto, (max-width: 747px) 100vw, 747px\" \/><\/a><p id=\"caption-attachment-3947\" class=\"wp-caption-text\">Source: Government Accountability Office<\/p><\/div>\n<p>Last year, the U.S. Postal Service (USPS) ran a deficit of $3.9 billion. Unfortunately, losses are the rule rather than the exception for the agency.<\/p>\n<p>All this red ink has flowed despite USPS\u2019s aggressive move into the parcel delivery business. These five charts depict the immensity of USPS\u2019s financial challenges.<\/p>\n<p>The Postal Service was designed to be a self-funding agency. From the early 1970s through the turn of the century, the agency frequently broke even. Rising mail volume and a monopoly on high-margin letter delivery brought in tens of billions of dollars annually&#8230;..(<a href=\"https:\/\/www.rstreet.org\/2019\/02\/27\/five-charts-show-the-grim-financial-condition-of-the-u-s-postal-service\/\">Read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last year, the U.S. Postal Service (USPS) ran a deficit of $3.9 billion. Unfortunately, losses are the rule rather than the exception for the agency. All this red ink has flowed despite USPS\u2019s aggressive move into the parcel delivery business. These five charts depict the immensity of USPS\u2019s financial challenges. The Postal Service was designed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"Five charts show the grim financial condition of the U.S. Postal Service","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[161],"tags":[176],"class_list":["post-3946","post","type-post","status-publish","format-standard","hentry","category-postal-service","tag-r-street-institute-blog"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pBCzY-11E","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/comments?post=3946"}],"version-history":[{"count":1,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3946\/revisions"}],"predecessor-version":[{"id":3948,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/posts\/3946\/revisions\/3948"}],"wp:attachment":[{"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/media?parent=3946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/categories?post=3946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinrkosar.com\/wordpress\/wp-json\/wp\/v2\/tags?post=3946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}