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Experience is a cruel teacher, gives the exam first and then the lesson.
Ummm. NO
The idea that a Gov or quasi-Gov agency will offer more realistic health and pension benefits if only they can make the next guy pay for it, a la social security, is an untenable position.
Unfunded health and pension plans are an enormous socialist wealth distribution plan, to take from the next generation.
I think they were ahead of the curve with customer-oriented features for a while (i.e., ship-from-home priority mail), but like any slow, cumbersome, bureaucratic organization, private competition has left it in the dust for most shipping. There's a need, but it needs to be blown up and started from scratch.
Do you feel that way about the armed services retirement and medical plans?
The US Postal retirement is at least partially funded:
Civil Service Retirement System (CSRS)
Postal workers who began before 1984 are eligible for the Civil Service Retirement System. Under CSRS, employees share in the cost of their future annuities, contributing 7 to 8 percent of their regular pay to the retirement system. However, they do not pay any Social Security retirement, as they are not eligible for Social Security benefits under CSRS.
Federal Employment Retirement System (FERS)
Any postal worker hired after 1984 takes USPS retirement under the Federal Employment Retirement System (FERS). FERS pays less than CSRS, but postal workers are eligible for Social Security and Thrift Savings Plan (TSP) payments. Postal workers pay into FERS and Social Security each pay period. Tax-deferred contributions to TSP are made by the USPS and the employee.
https://work.chron.com/much-postal-w...ire-22117.html
Last edited by 26 Inf; 04-13-20 at 17:15.
Patriotism means to stand by the country. It does not mean to stand by the President... - Theodore Roosevelt, Lincoln and Free Speech, Metropolitan Magazine, Volume 47, Number 6, May 1918.
Every Communist must grasp the truth. Political power grows out of the barrel of a gun. Our principle is that the Party commands the gun, and the gun must never be allowed to command the Party Mao Zedong, 6 November, 1938 - speech to the Communist Patry of China's sixth Central Committee
I was thinking the same thing. But my wife has noticed is that the amount of regular mail is way down. I don’t know if people just aren’t advertising and doing the usual stuff through mail? We got two pieces of mail yesterday, my economist magazine and a bank statement. Usually we get 8 to 10 pieces of mail. Granted most of it just gets thrown out, so I don’t know how much of a loss this is in the big major scheme of things.
I don’t know what the answer is. But it kind of reminds me of how the Yellow Pages totally screwed up the transition to the Internet, they should have been the Google of the 21st-century. Anytime anybody wanted to know anything about any business they started in the Yellow Pages. They even had coupons in the back, so they’re already was a revenue model kind of built-in. They were even the original Wikipedia and that there was all kinds of standard basic information at least about the local area, in the white and yellow pages. Now for some reason it’s almost impossible to look up someone’s phone number on the Internet.
I just did two lines of powdered wig powder, cranked up some Lee Greenwood, and recited the BoR. - Outlander Systems
I'm a professional WAGer- WillBrink /// "Comey is a smarmy, self righteous mix of J. Edgar Hoover and a gay Lurch from the "Adams Family"." -Averageman
The amount of mail I’m getting right now is WAY less than normal. Sure most of what I used to get was junk but those companies had to pay the postal service to deliver said junk.
The postal service is a utility in my mind and while we should try to make it more efficient and have it bring in more revenue vs costs it would be foolish to do away with it.
I have said for years that the Postal Service needs to switch to a 3 day delivery schedule for residences, 5 day schedule for businesses, with certain areas taken on a case by case basis using logic (which is the first clue as to why it isn't likely to happen.) They would still work 6 days/wk; just alternating even/odd addresses, different neighborhoods (helpful for rural route delivery), or different buildings, depending on the area. A gradual transition over several years will allow positions to be eliminated through attrition rather than layoffs. This would likely reduce staffing by 1/2 to 1/3 as well as nearly halve the miles driven accounting for fuel savings as well as reduced vehicle expenses. Seasonal loads could be handled with temporary workers. Of course, one could argue that with a fixed volume of mail, it would simply take twice as long to deliver the mail every other day, but, looking at how mail carriers seem to operate, at least around here, the bulk of their day seems to be driving and walking. Carrying 2 letters or 4 doesn't seem to make much difference.
I would also do away with most bulk mail rates, at least for "junk" mail.
nothing screams napoleonic warfare more than cannons roaring in the background
I think you are putting words in my mouth...
I dont believe I say anywhere that I agree or disagree with the hand they are dealt, simply explaining it. I dont believe there is a single other government entity that is required to do what the USPS is required to do, by law, as far as pre-funding their pension liabilities. In fact I am 100% on board with them being required to do it... I am not 100% on board with the fact that they are the only(as far as I know) government entity that is required to do it. I think they all should have to pre-fund their pension liabilities.
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