Yes, unions can screw up even a decent business model. When business looses the ability to define what it can offer to employees in pay and benefits as a take or leave it proposition, the business is doomed to fail. The employees, for the large part, haven’t a clue about the simple concepts of overhead, cash flow, margin, or capital expenses. It is like letting the inmates run the prison or the lunatics run the asylum.
Yep, and proof that government entities cannot change with the times.
Weird how bad “spreadin’ the wealth around” has really screwed up the country. No money left!!! Looks like we’re going to need to print some more.
you know it can't be shouted loud enough....its the PENSIONS stupid....
This stinks. How will I pay my bills?
Is there a chance that 1st Class mail will go privet?
Ain’t no way, no how I will EVER do electronic payments. Way to easy for someone to hack you account and drain you of everything.
shut er down and sell off its offices
bills and junk crappola,
shut it down
deja vu.....why does it seem we get a “oh poor government worker job needs a bail out” every month.
It seems to me this is a push to raise the stock price of UPS and Fed Ex to help the stock market.
80 percent of the monthly recurring bills I used to send via USPS I now send electronically over the internet.
First privatize the Post Office. Shut the whole thing down on day two Sarah's presidency.
Then eliminate the department of education and the department of energy.
Take what is needed to run the EPA, cut it down to the bone, then turn it into block grants to the states to watch out for their own environmental standards.
We need a radical reduction of the centralization and maybe the Obama economic collapse is what it will take to wake up the clowns in Washington to the reality that we don't need half of the bureaucrats or their agencies.
In some ways I feel really bad for the Post Office. They’re suppose to be an “independent government business” that is self supportive. Yet they can’t do anything without the permission of congress. They can’t raise fees. They can’t close offices. They can’t really do anything, they’re hands are tied.
The Post Office simply needs to be sold for parts.
I say shut it down and let the private sector do the job more efficiently. Same with AMTRAK.
The Soviet Union collapsed because it could not pay employees.
If anyone thinks the USPS will fall under, think again.
On Obama’s watch, no less: he’ll forever be known as the Post Turtle.
I had a friend once whose job was to sort mail into bins in the backroom of the post office. He said he could easily do 5 bins on a shift but the “union standard” was 2 bins so that’s the most he was allowed to do.
“Stabilize its finances” sounds so much nicer than “bail it out”.