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Author Topic: The USPS  (Read 2821 times)

dgies9156

  • All American
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Re: The USPS
« Reply #125 on: September 20, 2024, 03:26:53 PM »
First, it's debt, not deficit.  Pretty important distinction.
Second, your figures are way off. By tens of millions.

Brother Pakuni:

Whether it's a deficit or a debt, it's a shortfall that will either have to be made up by the taxpayers of the State of Illinois or through astronomical returns on
existing invested funds.

Secondly, assume I am off by tens of millions. Let's assume it's $100 million. That's 50 basis points, which in the greater scheme of things, is nothing!

Telling government workers, "we'll cover it later" is bad policy, as Illinois has shown.

 

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