Posted on 12/29/2017 5:08:35 AM PST by SMGFan
Notice how the Post Office delivers almost all packages now and UPS and FedEx doesn’t. Maybe this is why.
IIRC, Amazon has been looking at going into the delivery biz.
Works for me.
The P.O. does deliver on Sundays and holidays, and they probably should be charging more. But they also need better technology, more employees who are also more empowered to make decisions, and a less bizarrely military model. In its current semi-privatized, semi-state form, it’s not working...
Why does their inefficient place exist. Corporate Cronyism. They will raise prices citizens pay and give more corporate welfare to poor, poor amazon.
How come we never read about anybody “going FedEx?”
but, but..... if they charge more, they won’t get the business
Between the tremendous business boom in package delivery generated by eBay and Amazon the Post Office should be showing a profit, not still running in the red.
I saw my UPS driver two weeks ago with many packages in his Xmas time truck and he was delivering them to local P.O. by 5pm.
I thought postal referred to McConnell.
Nice shot by the President against Trump hater owner of Amazon, Jeff Bezos, also owner of the Trump hating Washington Post.
If PO raises prices, that is more from Bezos’ pocket.
Trump is asking, why should the PO subsidize Amazon?
He’s referring to this http://www.washingtonexaminer.com/for-every-amazon-package-it-delivers-the-postal-service-loses-146/article/2632857
Yes, that’s one of the problems. The management model is horrible - I had a friend who worked for the P.O., but fortunately stopped short of “going postal” - and the employees are literally clocked on their time in the bathroom.
Many of them are very nice and letter carriers like meeting people and chatting, which I think is wonderful. But when they get back to the “office,” it’s hell.
IIUC the USPS is charged with covering fed government pensions. It is a budget trick they actually make lots of money.
The following is an excerpt from GAO testimony before Congress (GAO-16-268T):
"At the end of fiscal year 2015, USPS had $125 billion in unfunded liabilities, mostly for retiree health and pensions, and debt—an amount equal to 18 percent of USPS’s revenues."
Nice shot by the President against Trump hater owner of Amazon, Jeff Bezos, also owner of the Trump hating Washington Post.
If PO raises prices, that is more from Bezos’ pocket.
Trump is asking, why should the PO subsidize Amazon?
...
It took 11 posts for somebody to get it.
Fed X and UPS are merging. New name will be FEDUP.
Correctomundo!
The USPS pays hundreds of millions each year into an insurance/pension fund that is solvent for postal workers 75 years out. The extra props up the general fund for other govt workers.
Without those payments, the PO would make a big profit each year.
We could have the Post Office in the black in a second. It would take one EO. Remove the idiotic pension funding situation for the unions. In EVERY other organization, the pensions are funded for no more than 30 years. In the Postal Service situation, Congress under Obama when the Dems were in charge, literally passed an bill that required that the pension fund be FULLY funded for 75 years!!! If they get ONE Postal employee to retire for 75 years, I’ll be shocked. But, they have to pay into the fund for ALL Postal Union employees for a 75 year period. They’ve already got it funded up to the 65 year mark, so within a year or two, they will have met the absurd goal, otherwise, the Postal Service would have been in the black by some 9 billion a year for the last 6 or so years. It’s stupid. They were charging too much and the Dems didn’t want anyone to find out, so they buried it in the union pensions. Also, any pensioner who doesn’t claim their full benefit (death), it rolls over into the Union coffers. It’s basically a huge slush fund for the Unions. Again.
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