Which has been shown over and over and over, is a blatant lie- it is not below their cost. USPS has come out with this and their financials show this. It is a bulk discount but they are still making a profit on it. At that, package delivery is pretty much the USPS's only profitable area and is keeping them afloat.
Translated- the president has been lying through his teeth about this.
@AbaraXas You're right.
I'm willing to put cold, hard cash down that
@driftdiver hasn't even read the Citi report. He's just repeating the Trump lies without checking them. You're right, the USPS isn't "losing money"
in the sense that their costs exceed what they're charging. The Citi report said (it's dated April 2017) that they should charge $1.46 more...that their pricing is "suboptimal". Even if true, it's disingenuous to call that a "loss".
I've got the report open right here on my desk, and it's interesting to see that the projected differential decreases over time, down to $1.41 for 2018 and $1.36 for 2019.
You know, I'm willing to bet Trump hasn't read the report, either. Why should he, when he can just make stuff up and his fans will swallow it hook, line, and sinker?