Nationwide Post Office Closings Must Stop
#1 Jul 26, 2011
Today, I went to the mailbox to pick up one advertising leaflet. I pill my bills on line, send emails instead of letters and use FEDEX or UPS for that occassional package. Why do we need the post office?
#2 Jul 26, 2011
Today, I went to the mailbox to pick up one advertising leaflet. I pay my bills on line, send emails instead of letters and use FEDEX or UPS for that occassional package. Why do we need the post office?
#4 Aug 23, 2011
we need the postal service to support union wages, retirement, and pensions for our postal workers.
#6 Aug 23, 2011
They have been doing just that for years. Unfortunately, they have neglected efficiency, good business practices, and common sense all the while, so they are hopelessly broke.
"For the first nine months of fiscal 2011, the Postal Service's operating losses totaled more than $5.5 billion. Financial managers expect to tap out a $15 billion line of credit from the Treasury Department by the end of next month. Despite constant cost-cutting, the agency's financial condition is reaching a "crisis level," according to the Government Accountability Office. Postal managers now want to slash the size of the career workforce, which now totals about 560,000, by about 40 percent in the next few years.
Overall, the Postal Service has to fill a $20 billion budget gap between now and the end of 2014 to regain profitability, Postmaster General Patrick Donahoe said last week."
It is my guess that the former Soviet Union suffered many of the same problems as it slowly became insolvant.
#9 Sep 7, 2011
They can go to work to Fedex and UPS since their business will be picking up.
#11 Sep 8, 2011
You got it. The USPS has run its course just like the old soviet union. The union has milked the profitability out of the system,(80% of their income is dedicated to salary/benefits, Fed-ex and UPS run at around 60% with equitable individual compensation packages), and now, there will be no salvation for the entire USPS system this side of a huge government bailout that WE the people cannot afford. The numbers are astounding. The USPS will lose $285 billion over the next decade absent huge structural salary/pension changes. Congress needs to stop the bleeding by selling whatever USPS assets it can immediately, and let the private sector take up the slack.
A very sad statement about the effects of public employee union election campaign dollar influence over corrupt politicians.
They have both milked the USPS cow dry.
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