I realize ‘Il Trumpe tweeted something stupid’ is a dog-bites-man story, but, even by his lights, this is pretty fucking stupid:
The reason USPS (not the “Post Office”–that’s the building you use to violate the emoluments clause) has a deficit is two-fold. First, in 2006, the Congress decided–including on a voice vote in the Senate*–that the USPS would have to set aside 75 years of retirement funding over a ten year period. Few other companies could afford to do this and still break even. Of course, conservatives are using this as an excuse to screw over postal service employees–to restore fiscal health to USPS.
But it gets worse: before 2006, Congress (again, bipartisanship!) decided that USPS needed to contribute more to the Civil Service Retirement System, forcing the USPS to overpay by fifty to seventy billion dollars**–which just happens to be the amount of the ten-year USPS deficit.
This matters. First of all, the USPS is really important, enough such that it is part of the Constitution (Article I, Section 8, Clause 7). Not only does it deliver to and connect to the rest of the country remote, unprofitable areas, but it is also a critical part of commercial deliverers’ infrastructure. Second, the postal workers’ union is one of the largest unions, and is disproportionately minority. Third, related to the previous point, USPS is still a gateway to the middle class.
Also, Il Trumpe is a dope, but you knew that already.