U.S. Postal Service Default Looming. Are You Worried About Getting Your Mail?
Fox Report with Shepard Smith
2012/08/01 14:00:00
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Time to END the postal service.
Now if we are worried about a simple operation like the postal service can a liberal explain to me how the government is going to manage health care?
If you want to blame someone, blame BIG BUSINESS for sending SPAM.
That wasn't even the debate: It was over the USPS DELIVERING the spam. I don't CARE that they paid for it, I CARE about people BLAMING the USPS for simply doing their job.
Come on, man. Think.
I don't care what happens to the unsolicited junk mail - especially that garbage the RNC sends me which I never signed up for in the first place.
The USPS would be profitable at it's current rate and employee costs if congress had not forced the USPS to fund 30 years of retirement for every single employee within 10 years, even if said employee wouldn't be retiring for another 40 years. No private business thinks that this level of retirement funding is reasonable. One only has to look at which party controlled the House, the Senate, and the Presidency to get an idea of why this was done.
The USPS "crisis" was manufactured in 2006 by the Republican party. Bitch at them for screwing things up.
All that said, the USPS still does enjoy certain benefits that private companies do not. Using the language from Wikipedia:
The USPS has not directly received taxpayer-dollars since the early 1980s with the minor exception of subsidies for costs associated with the disabled and overseas voters. However, it does receive tens to hundreds of millions per year in "implicit subsidies", such as breaks on property tax, vehicle registration, and sales tax, in addition to subsidized government loans.[6]
6. ^ [www.ftc.gov/os/2008/01/08011... Federal Trade Commission. Accessed: 26 April 2012.