Obama's Postal Service plan would cut Saturday mail
WASHINGTON (Reuters) - The Obama administration's plan to rescue the U.S. Postal Service would allow the agency to end Saturday mail delivery and sell non-postal products, according to documents released on Monday.
The plan, introduced alongside a deficit-reduction package, also would restructure a massive annual payment to prefund retiree health benefits and refund $6.9 billion the mail carrier says it overpaid into a federal retirement fund.
http://news.yahoo.com/postal-plan-save- … 26630.html
I think most of us can live without Saturday delivery..I'm glad it's not being eliminated altogether..
dear lord, what about the victoria secret catalogue!!!
Oh no! The world could end if you miss the catalogue!
I just have to know about the secrets in victoria's secret because they are secret.
You now, Stacie, that really matters little to me. The Post Office is such a wonderful reflection of all that is bad with our government...no matter how much money you give them, they need more. Raise the price of postage and the overhead just goes up. Turn the post office over to UPS for a year and see what happens in terms of profits and management. Our government is not capable of managing anything to either break even or make a profit and that is the reason we will never see a reduction of the national debt...any surplus would immediately be spent on a new political idea. We need to get "the people" back in control of "the government".
Governments, all governments waste money hand over fist when they enter commercial decisions.
Private enterprise does a much better job in most cases.
Turning the postal service over to the private sector will not solve a damn thing. The US has the cheapest postage due to government subsidizing and of course the costs are going up becasue less people are using it now than they did 20 years ago. The internet and email is one of the main factors for this.
The problem is the post office is limited in ways its competition isn't. For instance, they are not allowed to raise the price of a postage stamp by more than the inflation rate. So if the USPS's overall costs go up 25% in a year but the inflation rate in the US is only 5%, the post office is likely going to have a deficit, because they'll only be able to raise the price of a 1st class stamp $.02 even though it would be more prudent to raise the price about $.10. The fact that you can still send a 1st class letter on a 4,000 mile journey for $.44 amazes me.
It may not matter too much (unless you're the one who depends on that paycheck) but I get a little cautious when the government starts to move on different things. There's always two sides to every coin.
My old zip code from 2 yrs back already was not getting Saturday Mail, or Tuesday or Thursday Mail. The cuts already went into effect in parts of Central Ohio in 2009 - I didn't think much about it, except for lost jobs.
There hasn't been Saturday delivery of mail in Australia for years - certainly not in the time I've lived here. Or in the UK from what I remember.
These days, people don't get nearly as much mail as they used to, so I wonder how many people will really miss it?
Our Post Offices also sell non-postal products. A lot of small Post Offices have been sold to individuals and have become more like a corner store.
Why don't they simply quit subsidizing company advertising budgets and charge junk mail the same price as a letter?
Of course, Victoria's Secret might be a casualty...
The answer to this problem is so easy, that no one in Congress would ever think of it.
Raise the postage rate to a dollar, even for the junk mail. Boo hoo less junk mail. Everything costs a dollar now days anyway, why wouldn't sending an envelope across the country or across town be worth a buck?
Secondly release the Post office completely from the goverment, they already have direct competition with Fed Ex UPS and others...
Give them a couple years without Federal beaucracy, they can either sink or swim.
Bottom line this is one service the government doesn't have to supply let capitalism prevail.
For rest of you Victoria Secret is the best you can contribute?
But without government subsidies of their advertising program a lot of companies would most likely fail. They need public dollars to stay solvent and even more to make a profit.
Personally, I think if they require a public influx of funds to make a profit then let them go under. Unfortunately the politicians allowing such a dastardly act would likely lose votes and we can't have that!
The Internet has cost a lot of jobs. Entire industries, even.
I like the idea of charging a premium for bulk.
Maybe that would cut further the amount of unwanted circulars that come every day.
I won't miss it.
Let UPS take over the USPS?
That's an interesting idea.
I personally don't care about mail delivery on Saturday, it makes no difference whatsoever.
I recently worked for the postal service as a mail carrier and its a total mess the entire system. The still send me the postal ease magazine and the things I know are happening will affect us all at some point or another. The use of the internet and email is eliminating the need for mail delivery and the mail volume is smaller. The postal service also is responsible for its own downfall. The way the system is set up as far as retirement benefits are causing budget problems. You cant pay out more than you make. But I guess they are learning that the hard way. It wont bother me if no mail is delivered on sat. Its about time postal employees get more than just one day off a week.
Who cares if they stop delivery on Saturday. Easily 75% of our mail is just junk mail. We told them to hold it, even filling out tons of forms and giving addresses of senders spamming our mail box and STILL the stupid post office sends it anyway.
They are inefficient, out of date and almost as much a dinosaur as old buggy whip makers were after the automobile started mass production.
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im just wondering
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