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Discussion: The USPS


Crxsh

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According to an article in Time, the USPS has some problems.

 

Problem 1: They owe $5.5 billion by the end of the month to fund retirees' healthcare.

Problem 2: They owe $9+ billion

Problem 3: Revenues are down

Problem 4: Revenues will continue to drop

 

And so on.

 

Apparently, if they default on this debt, it could result in an outright shutdown and/or massive layoffs (to the tune of 120,000 workers).

 

Seems there are labor union issues, but regardless of that.... business ain't exactly boomin'. And now it's in the hands of congress.

 

Thoughts? Insights? Tips on the best way to ship pedals once the mail shuts down?

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I was reading something that talked about part of the problem is this:

 

The USPS isn't tax funded....they get their revenue from postage. And because they were required to fund the next 75 years of their pensions in the next 10 years, it {censored}ed the system up badly.

 

Some proposed plans are cutting delivery on Saturdays, raising postage, layoffs, possibly even privatizing portions of it.

 

It's a mess for sure, but necessity spawns innovation....something good will come of it eventually

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The problem is they have to, by act of congress, fund their retiree pensions and benefits WAY in advance. This seems like a good idea, only the number of employees they have to fund for is the 700,000+ they had when the law was enacted. According to the union that represents the USPS, this fund will have $57 Billion in it within the next few years.

 

It's all salvageable though. Either congress have to release them from funding retirement for nearly 400,000 employees they don't have, or they lay off a third of their workforce, loss another third to attrition by 2015, and cut delivery back to 3-4 days a week.

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The last post master general was a proponent of privatizing the USPS, even prior to his appointment... A lot of his policies were such to push USPS in that direction. Alas, they ultimately aren't evolving with the times. 6 day delivery is pointless, but advertisers don't want to give up Saturday because they want their ads in the mail box on the weekend.

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yay unions! lets go get those SOBs and ruin another industry!

 

 

Folks should read some history of the union. It is demonized now, but the fact of the matter is if it weren't for unions the workplace and working life would be a lot different. Little things like workplace safety, overtime and child labor are taken for granted today, but these were not given, they were earned.

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Folks should read some history of the union. It is demonized now, but the fact of the matter is if it weren't for unions the workplace and working life would be a lot different. Little things like workplace safety, overtime and child labor are taken for granted today, but these were not given, they were earned.

 

 

absolutely. at one point. not this one.

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Folks should read some history of the union. It is demonized now, but the fact of the matter is if it weren't for unions the workplace and working life would be a lot different. Little things like workplace safety, overtime and child labor are taken for granted today, but these were not given, they were earned.

 

 

Unions had a time and place. Lets see CB employees form a union, strike, demand $33 an hour and pension with 90% of their income at retirement. Unions have become the disease not the cure.

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Unions served a great purpose decades ago....today they hurt more than they help. They are a big part of the reason the US lost most of it's manufacturing base....they priced themselves out of competition.

 

The UAW did everyone a favor recently and agreed to a lower wage....and now the US is actually going to make a profitable micro car...something it hasn't been able to do before. Basically GM said: you can have a job for half of what you were making before we had to lay everyone off or we can make this car in Mexico. You pick.

 

They made the right choice and if things keep going this way, manufacturing will have a strong presence in the US again.

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Unions had a time and place. Lets see CB employees form a union, strike, demand $33 an hour and pension with 90% of their income at retirement. Unions have become the disease not the cure.

 

 

We already function democratically as a function of company culture. My staff choose the work they do, the hours that they keep and negotiate openly their compensation for their achievements. I steer but have no interest in being an absolute dictator.

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