... and ObamaCare is gonna work even better!
$5 billion is a pretty big loss for the Postal Service to make up through handling Sunday Amazon shipments.
I guess it’s no wonder they tried to tax e-mail some years back.
anyway, I love the mail....still....I have noticed that our mailman takes a day off about twice a month and we get no mail....what are the odds that a household that averages 5-6 things delivered a day doesn't have at least one thing to deliver?....
the postal service has been flushing billions down the toliet with their pensions for a long time..
Debbie Schultz: “That’s because tax rates are too low”.
Privatize the whole thing.
I heard on local radio that they are buried under tons of pension obligations.
See, all us are supposed to bail them out with our money for their over promised pensions.
Every time I see these stories I am reminded that our govt is so stupid it can even screw up a monopoly. Pathetic...
“... but first-class mail volume has continued to drop.”
UNION PENSIONS & CORRUPTION.
I get so many catalogs this time of year I’m gonna have to put air shocks on my car to get it all to the recycling.
If they would charge the junk mailers the same rate as they charge citizens they would make money.
Let’s see, I can hear it now...
1. Let’s up the price of postage to well over 50cents a stamp.
2. Let’s discontinue Saturday mail all together.
3. Let’s close down those post offices that are in various drug and grocery stores, you know in those out of the way little towns out there, at least close them MWF.
4. Let’s increase the costs of shipping packages...and be sure to decrease the wt that you can “ship yourself” to like 5 oz. Meaning that you “have to come in to the post office” to ship.
5. And let’s also spend a bunch of money advertising how efficienct we are with the AD Council.
Let’s do all the above and this time next year we will have lost probably around 8 billion per year.
They are only showing a loss because Congress decided that the pensions needed to be funded out 30 years, or something ridiculous like that.
Anything and everything government gets their hands on goes to shyte.