The U.S. Postal Service is often the butt of jokes, but there's nothing funny about the agency's bottom line.
The USPS is losing up to $25 million dollars a day. Until now,
taxpayers have not been on the hook for its mounting losses, but that
could be about to change. A bill recently approved by the Senate would
appropriate $34 billion in federal money.
"If the post office was a business, it would be in bankruptcy," said Rep. Dennis Ross, R-Fla. "It's insolvent."
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
4 comments:
Start firing postal workers and make a few politicians walk the plank
If the PO was a business, it would be out of business. While the smaller rural POs give excellent service but go to a larger PO in a city and the experience is totally different. Speed and efficiency are not options. The employees are rude and act like they are annoyed that you want to mail something. I recently received an overnight package and commented to the carrier that it was late. The response was only 5 minutes after 12:00. Then I pointed out that it was two days later rather than the next day. Carrier shrugged shoulders and said "oh well". I use fed-ex now since they are non-union.
Since the USPS operates under fiscal mandates from Congress its no wonder they are broke.
Remove the mandates and let them operate like any other real business!
If they want to close some under-used processing centers (as any legitimate business would under the same circumstances) then LET THEM CLOSE THOSE FACILITIES!
The USPS also has some high-cost mandates relating to pension contributions that NO OTHER BUSINESS has!
Having congress and senate-critters interfere with business decisions based on political pressures instead of common-sense is what is driving the USPS under.
I say NO BAIL OUTS until the USPS is allowed to cut their costs and operate like a real business. If this means cutting saturday hours, closing smaller branch offices, consolidating processing centers then that is what should be done!!
The USPS is a dying service. Technology is taking over letter delivery and what does need to be mail can be handled by a private corporation such as UPS, FedEx and DHL. I personally haven't used the USPS in over 3 years as I pay all my bills on-line and sign up for paperless statements. I WISH the the USPS would exist no more so that I don't have to walk down to the mailbox once a week to empty all the junk mail into the trash!!
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