Here’s How You Can Help the U.S. Postal Service Right Now
However, it’s not just the lack of government funding that has caused the crippling of the Postal Service. According to RStreet.org, whose mission is “promoting limited, effective government and free markets through the principles of sound governance and transparency,” businesses that have shuttered due to the coronavirus (COVID-19) pandemic have caused an estimated 30% drop in mail volume.
“It may irreparably damage an agency that for years has been running multi-billion dollar deficits and weighted down by $130 billion in unfunded employee benefits. Depending on the magnitude of the revenue drop-off, the agency may run out of liquidity and be forced to cease operations this autumn or winter. Which has not happened the post office’s two-century history,” the organization reports.