Postal Service Is Close To Default

[Cmart]

Raise stamps to a buck a piece. I'll pay it. For fuck's sake, I paid three bucks yesterday for a birthday card for an 11-year-old nephew that goes right into the garbage seconds after the present is opened.

[Conan Memories]

I have a great idea

Instead of the Government running the postal service, let's have them run our Health Care

What could possibly go wrong?

[Abishai**]

Originally Posted by conan memories

i have a great idea

instead of the government running the postal service, let's have them run our health care

what could possibly go wrong?

0/10

[DStone]

Originally Posted by texas1willy2

years ago they were making billions every year bet they didn't save and invest any of that money

Like everywhere else in government, the cost of pension and healthcare of unionized workers and retirees creep up year after year, it eats up all the profit and then some.

[DStone]

Originally Posted by Abishai

0/10

Glad that you finally acknowledge that a government run healthcare is a bad idea

[Anung Un Rama]

This is frustrating. The USPS is probably the greatest PS in the world.
Time have changed and government bureaucracy has crippled the USPS from doing so.

I hope this gets worked out, and then fixed, without fucking over their employees and the American people.

[Anung Un Rama]

Originally Posted by DStone

USPS and AMTRAK are classic examples of a structurally broken too big to fail government entity losing money by the day and politician's only solution for the problem is to throw more tax payer's money on it. Pretty soon Social Security and Medicare will cash flow insolvent except then it would be too big to rescue.

The only solution is to privatize these failing institutions and let the universal rules of supply and demand, profit and loss dictate how these entities will operate. You can't defy the laws of economics forever anymore than you can defy the laws of physics. You can't design and entity that hires a lot of employees at high wages and provide it's services below market price, eventually something has to give.

I never agree with you but THIS post is spot on.
These are 2 examples of government entities that are appropriate for privatization.

[Anung Un Rama]

Originally Posted by Conan Memories

I have a great idea

Instead of the Government running the postal service, let's have them run our Health Care

What could possibly go wrong?

Mail =/= Medicine.

[Heresy]

My mom works for the postal service. She's one of the rare employees that has a college degree, and is in the even rarified air of being a postal employee with a master's degree.

She's surrounded by high school graduates pulling $50k+ a year plus benefits, which is ultimately what is costing the postal service so much money. They're paying morons middle-class wages, and getting moron-level performance out of them.

Also, advances in electronic communication are increasingly making them irrelevant as the luddites slowly die off.

[llperez22]

Originally Posted by Heresy

My mom works for the postal service. She's one of the rare employees that has a college degree, and is in the even rarified air of being a postal employee with a master's degree.

She's surrounded by high school graduates pulling $50k+ a year plus benefits, which is ultimately what is costing the postal service so much money. They're paying morons middle-class wages, and getting moron-level performance out of them.

Also, advances in electronic communication are increasingly making them irrelevant as the luddites slowly die off.

this^^^^

my mom also works for the post office at one of their large shipping and recieving branches. People there have limited qualifications and make good money and abuse the system since it is such a strong union where it is hard to fire anyone.

As for it going down hill fast, that is an understatment. My mom was transferred to a different location an hour away becasue the plant she was at for the past 20 years is closing. They use a company car to drive her and 3 other workers to the new location all on the clock. SO they pay 4 people for driving to work and then punching in about 6 hours and any traffic results in OT pay.