This is the story of America right now. A huge part of our financial troubles are pension related. Politicians from prior generations promised workers something that never could be delivered. Now those workers expect the taxpayer to try to honor those promises even if it means confiscatory taxes. If you simply reset the Post Office pensions to be the same as pensions for other workers—meaning put money for them in a 401K and then they are on their own—there would be no crisis. Yet if that happens, you can be sure that your local post office will turn into a shooting gallery with postal workers “going postal” because someone finally stopped the gravy train.
“If you simply reset the Post Office pensions to be the same as pensions for other workersmeaning put money for them in a 401K and then they are on their own”
They already are. The Postal Service moved them off of the Civil Service Retirement System many years ago.