Wow, what a surprise.

USPS, also government-owned, has accumulated over $100 billion in losses since 2007, including $9.5 billion in the 12 months ending Sept. 30, 2024.

Common conservative disinformation.

From this usps page,

Over 80% of our current year net loss is attributed to factors that are outside of management’s control, specifically, the amortization of unfunded retiree pension liabilities and non-cash workers’ compensation adjustments.

Republicans voted to force them to do that precisely so they could claim they’re ‘losing’ billions and should be privatized. Why? So cronies like Elron and DeJoy can profit from it.