It's time to lay off half of the Postal Service work force and deliver the mail every other day. The workers would still work 6 days a week, however on MWF they would deliver to one route and on TTH & S they would deliver to the 2nd route. Poastal workers like all union workers have confused having a job with a right to security. In today's economy mail delivery is rapidly becoming as relevant as buggy whip manufacturers in a world dominated by automobiles. The taxpayers can no longer afford to subsidize the labor contracts that the politicians have forced on us.
No, the U.S. Postal Service won’t close on August 1st because it can’t afford to make a required $5.5 billion payment into a federal fund for postal retiree health benefits. Yes, the entire situation with the USPS is a mess. But when you have politicians ultimately trying to run a commercial operation, constant clean ups in aisle four are to be expected.
Here’s the situation:
1. The USPS is bleeding billions of dollars in red ink and has just about maxed out its line of credit with the U.S. Treasury.
2. In April, the Senate passed a bill that...
USPS, through those years was never permitted to retain any profit that it might have made, and there were Billions of dollars that were skimmed from the USPS for Congress to waste.
You say that the USPS needs to innovate? Would you be surprised to know the USPS offered a service back in the 80's, called E-Com, as a precursor to email business communication? Would it surprise you to know that the USPS launched a very short lived bill paying service in the '90s?
Congress bowed to pressure and killed them off.