Right now the post office is running about $7 Billion in the hole, and it'll be about the same next year. Can anyone name a business that can stay in business with that much debt? They don't even have to show a profit; they only have to break even! Good grief. To keep this loser running costs other business and homes (that's you and me) paying for this. Why is it acceptable for everyone else to prop these guys up? It's billions of dollars of money lost out of the economy that could be used productively.
That money doesn't go to efficiency and better business practices. It goes to unions. It goes to employees health care, which are 20%-30% higher than in the private sector. The Government Accountability Office says $500 million a year could be saved by bringing health benefits into line with those of other federal workers. I'm thinking, bring them into line with the private sector and save even more money. Lastly, it goes to inflated salaries. I don't have the breakdown of how much to each, but about 80 cents of every dollar goes to salaries and benefits.
There are divers ways to deliver mail. The post office is supposed to be able to stand on its own, and if it can't, tough. Other companies can.
1 comment:
Thank you for reading and the compliment.
Post a Comment