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Postal Service Losing Money. Again.
Posted on 5/11/17 at 8:28 am
Posted on 5/11/17 at 8:28 am
LINK
Why does anyone think single payer is a good idea? Is there a single entity that the gov't controls that is run well? Seriously. I can't think of a single one. Yet we have almost half the country determined to put them in control of the single most important aspect of their lives. Baffling.
quote:
The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates for its retiree health-care obligations.
Why does anyone think single payer is a good idea? Is there a single entity that the gov't controls that is run well? Seriously. I can't think of a single one. Yet we have almost half the country determined to put them in control of the single most important aspect of their lives. Baffling.
12
Posted on 5/11/17 at 8:33 am to Aubie Spr96
Thanks, trump
Posted on 5/11/17 at 8:37 am to GFaceKillah
quote:
Thanks, trump
I love these type dumbass excuses. From the article:
quote:
The postal service has lost money for 10 years in a row.
Low info voter much?
Posted on 5/11/17 at 8:38 am to Aubie Spr96
To be fair, name one company that could run the postal service and have it in the black at the end of the fiscal year.
The postal service just needs to be shut down
The postal service just needs to be shut down
Posted on 5/11/17 at 8:39 am to Aubie Spr96
Congress forcing them to meet some insane future pension liabilities in a short amount of time does need to be taken into consideration here.
Posted on 5/11/17 at 8:43 am to PaperTiger
quote:
The postal service just needs to be shut down
Then millions of rural Republicans would have no access to mail - who the hell with a concern for profit motive is going to take on delivering mail to counties in Texas with 80 people total? What a joke.
The USPS is hampered by a Congressional mandate that it pre-fund 75 years worth of retirement benefits. 75 years! Without that mandate, the Post Office would be making billions in profit. Good luck getting FedEx or UPS to agree to that.
This post was edited on 5/11/17 at 8:43 am
Posted on 5/11/17 at 8:43 am to Mr.Perfect
quote:
Congress forcing them to meet some insane future pension liabilities in a short amount of time does need to be taken into consideration here.
Plus...nobody is using first class mail anymore.
Posted on 5/11/17 at 8:45 am to Aubie Spr96
quote:Even liberals know single payer is not a good idea. Single payer is a trojan horse strategy to topple capitalism. Liberals' #1 goal is to topple capitalism. The is not a theory; it is a fact. The purpose of Global warming fear-mongering is the same thing.
Why does anyone think single payer is a good idea?
Posted on 5/11/17 at 8:46 am to Aubie Spr96
What, you want a company providing you services to make bigly profits?
I'll take the company that makes no profit. That's why I like Amazon so much.
I'll take the company that makes no profit. That's why I like Amazon so much.
Posted on 5/11/17 at 8:47 am to Aubie Spr96
quote:
Why does anyone think single payer is a good idea? Is there a single entity that the gov't controls that is run well? Seriously. I can't think of a single one. Yet we have almost half the country determined to put them in control of the single most important aspect of their lives. Baffling.
Why do people on this forum constantly misunderstand what single payer means? The USPS is not analogous to a single payer system. Regardless of whether you support the USPS or single payer healthcare, can you at least learn the difference?
This post was edited on 5/11/17 at 8:48 am
Posted on 5/11/17 at 8:47 am to PaperTiger
quote:
To be fair, name one company that could run the postal service and have it in the black at the end of the fiscal year.
The postal service just needs to be shut down
All of the other parcel services that don't have the crazy future liabilities of paying people that won't work for the service.
Posted on 5/11/17 at 8:48 am to Aubie Spr96
"An independent agency, the postal service does not use taxpayer money for its operations."
Posted on 5/11/17 at 8:49 am to Aubie Spr96
HTF is the USPS losing money despite their Amazon volume? Insane.
Posted on 5/11/17 at 8:49 am to Aubie Spr96
quote:
Postal Service Losing Money. Again. by Aubie Spr96
Walk in ANY Post Office....ANY ONE....ANY WHERE.....and you will have your answer as to why.
Posted on 5/11/17 at 8:50 am to BamaAtl
Listen..... If the gov't can't make a monopoly work after 100+ years of practice, they are NEVER gonna make it work.
This is kinda like "Muh Roads!" argument that we Libertarians love so much. If rural America has a need for mail to be delivered at their houses, they will get it delivered with or WITHOUT the gov't involved.
quote:
Then millions of rural Republicans would have no access to mail - who the hell with a concern for profit motive is going to take on delivering mail to counties in Texas with 80 people total? What a joke.
This is kinda like "Muh Roads!" argument that we Libertarians love so much. If rural America has a need for mail to be delivered at their houses, they will get it delivered with or WITHOUT the gov't involved.
Posted on 5/11/17 at 8:50 am to SirWinston
quote:
HTF is the USPS losing money despite their Amazon volume?
Congressionally-mandated retirement pre-funding (75 years).
Posted on 5/11/17 at 8:52 am to BamaAtl
How dare they make them not carry unfunded liabilities! If they were just allowed to not fund their plans, they'd be great. What about all those plan promises? No problem there?
Also, they still have a fundamentals problem. The retirement contributions and worker's comp account for about $500 million. They have revenues of $17 billion. If you got rid of pre-paying retirement benefits and comp, the USPS still would have posted a $1 billion loss.
Nice try. The USPS is still doing dumb things and their pricing is still stupid. Keep up the bullshite narrative, though.
Also, they still have a fundamentals problem. The retirement contributions and worker's comp account for about $500 million. They have revenues of $17 billion. If you got rid of pre-paying retirement benefits and comp, the USPS still would have posted a $1 billion loss.
Nice try. The USPS is still doing dumb things and their pricing is still stupid. Keep up the bullshite narrative, though.
This post was edited on 5/11/17 at 8:56 am
Posted on 5/11/17 at 8:55 am to Aubie Spr96
If y'all want to get rid of the USPS and rely on UPS and FedEx for everything, that's fine. However, realize that the biggest beneficiaries of the post office are rural areas. It's simply not efficient to deliver letters to the middle of nowhere every day of the week (except Sunday) for 50 cents each.
This post was edited on 5/11/17 at 8:56 am
Posted on 5/11/17 at 8:55 am to Machine
quote:
"An independent agency, the postal service does not use taxpayer money for its operations."
But their retirement system does. How in the hell do you seperate the two then?
Posted on 5/11/17 at 8:57 am to cahoots
quote:
If y'all want to get rid of the USPS and rely on UPS and FedEx for everything, that's fine. However, realize that the biggest beneficiaries of the post office are rural areas. It's simply not efficient to deliver letters to the middle of nowhere every day of the week (except Sunday) for 50 cents each.
We know. Price it correctly or don't do it. That's all anyone's ever said. We just need to hasten email making physical mail go the way of the buggy whip and quit subsidizing junk mailers.
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