I'm confused about the United States Postal Service (USPS). I saw a few of their ads on TV yesterday afternoon and then one already this morning. If the USPS is as broke as the government is telling us it is, how can they afford all those ads? Hopefully they didn't advertise during the Superbowl.
The USPS talks about closing more post offices, laying off employees, and cutting back on days it operates. Which cost more -- those services or the advertisements?
If a company has lost a great deal of money and complained about it all the time, would you expect them to run commercials on TV? Come to think of it, that's exactly what Chrysler and General Motors (GM) did. They never stopped running ads on TV, in newspapers, magazines, etc. I wasn't even thinking about those two corporations. If you are going belly up, do you just continue to spend money as if you have it?
The government gave GM a loan. Things got better for them, they repaid the loan, and we all lived happily every after.
I wonder if the government can give the USPS a loan. That would be like taking from one pocket and moving it to another. Guess that won't work.
I don't understand this very well. If a household lost percentage wise as much money as the USPS says it has lost, that household would already be bankrupt.