I hope they aint to big to fail
A government entity spending more than it takes in. What is this world coming to?
I'm not going to defend the way the Post Office is run, especially at the upper levels. But this reminds me of the way social security payments were also kept level last year and this year, because Obama's gubbermint said there was "no inflation." That, of course, is a flat out lie, as anyone who has been buying basic necessities such as food and fuel is well aware.
Major candidate for privitization, IMHO.
Hand the mail off to the private sector and the 2.2 billion would be the 1st 3 months profit.
$32.76.
B F D! All I get is junk mail anyway and it goes right to the recycle bin.
Aging workforce, increased health insurance and pension costs?
Knock ‘em if you want to but sending a letter across country for 44¢ is a bargain.
They should sell them off, I know that I could deliver the mail for less.
People want cheap reliable mail service, what they have is expensive, unreliable,....
The problem is the post office needs to remove all sorting from local sites and go to a hub and spoke model. This means closing 99% of post office sorting rooms and laying off thousands. They just don’t want to survive if it means doing that.
I've got an idea, just tax other carriers like FedX and UPS to make it fair and add a tax onto the tax for business' to post mail!
That should work!
This isn’t possible. According to Obama, monopolies provide better services at lower cost. It is the benefit of the monopoly which drives the whole argument in favor of single-payer health care. If the postal service monopoly can’t break even, then will we soon hear stories of how Amtrak is losing money too?
Let it die.
>I won’t miss ‘em...
It’s not that simple. We ship parcels to Asia and Europe and USPS is the cheapest when it comes to tracking and insurance. Fedex and UPS are THE highway robbers. Only domestically that the latter 2 becomes a no-contest.
What I despise are the unions and their ridiculous retirement packages which they bleed dry from the taxpayers. It’s the smug “I cannot be fired because I am union” attitude you can read from their clerks that pisses me off.
They can’t be broke.
We haven’t been taxed into serfdom.
LOL! No Problem!
They’ll just do the liberal thing and raise the rates!
Poor dears, they work soooo hard! s/
US Post Office = The bane of every representative.
This has been brewing for years folks. No one wants to be responsible in closing Post Offices on their watch.
As yourselves, why has then the US Postal Service kept up with the FedX and UPS.
Bureaucracy.
Oh my gosh. Think of all the SEIU members who will lose their jobs.
Great, sell them to the either Fedex or UPS. Keep the politicians away and watch the free market do what it does best.
That’s right, you won’t miss ‘em, because the Post Office is explicitly required directly by the Constitution, (Article 1 Section 8, Clause 7) and it isn’t going anywhere soon unless we amend the Constitution to eliminate it.
But there are too many legal documents that by Federal, State and Local Law have to be delivered by US Mail, to eliminate the Post Office completely. I wonder how difficult it would be for Congress to limit what the Post Office can carry or deliver; eliminating all but First Class delivery for example. I would not miss the volumes of junk mail that I get that do nothing but add to the garbage stream I am mightily taxed to support as well...
Parcel Post ought to be self supporting...there is no excuse not to charge what it really costs to deliver a package, as much as the market can bear.