Postal Service Reports $3.5 Billion Loss

[nutmeg]

Quote from maxpi:

Another entity driven into the ground by a Union. Unions ride their employers right into bankruptcy. GM was ridden there, California is being ridden there...


http://www.donotmail.org/

They have a new deputy mayor in NY. He made >1000 suggestions on cost cutting and saving money, of course these 1k suggestions turned out to all be illegal due to union rules.

 

[tmarket]

Quote from maxpi:

.Another entity driven into the ground by a Union. Unions ride their employers right into bankruptcy. GM was ridden there, California is being ridden there... ..

More like another entity driven to the ground by management, in this case the Board of Governors of the USPS and congress. Same with GM management and governor of California.

Article I, section 8, Clause 7 of the United States Constitution grants U.S. Congress the power to establish post offices and post roads. The Federal Government has interpreted this clause as granting a de facto Congressional monopoly over the delivery of mail. According to the government, no other system for delivering mail - public or private - can be established absent Congress's consent. Congress has delegated to the Postal Service the power to decide whether others may compete with it, and the Postal Service has carved out an exception to its monopoly for extremely urgent letters.

 

[Vinny1]

Mail should be delivered only 2 days per week, instead of 6 days per week. You will just have a little bigger pile of junk to go through on the days that you do receive mail. That is one way the USPS can save money. Of course, the mail carriers wouldn't be happy having their hours cut to only 16 hours per week.

 

[nutmeg]

Quote from Vinny1:

Of course, the mail carriers wouldn't be happy having their hours cut to only 16 hours per week.

Mail carriers overall are paid by the route (some formula too complicated for me). They can rip through a days delivery in about 5 hrs. Some of them guys make >60k for a 30 hour week. Not only that, you ain't even tired when you're done.

 

[IanMacQuaide]

Quote from nutmeg:

They have a new deputy mayor in NY. He made >1000 suggestions on cost cutting and saving money, of course these 1k suggestions turned out to all be illegal due to union rules.

Do ALL union members have a mental block when it comes to math?
They're literally unable to figure out their retirement models can do nothing but fail?

 

[Petsamo]

Looks like the Postmaster General needs to get fired.
Then we fork out more bailout.