Yesterday I sent two first class letters across the great divide.   It cost
me under a dollar. 

 

Last week I sent a letter with a check in it by Fed-Ex on a first class
schedule.   It cost me over twenty dollars. 

 

Who wants to cut the U.S. Post Office that costs us nothing and provides
such service?     The cold hard fact is that the Private Sector costs far
more than the public sector.     Even though the private sector is filled
with petty brigands it is still important for the very same reasons as
always.   It is good at distribution and is flexibly agile, however it is
not capable of giving full employment anytime soon and it certainly can't
run on the rules that Congress, during the Bush administration, foisted off
on to the U.S. Post Office.     Still you have to give them credit for
hubris.   Just look at the private sector GOP waving guns and complaining
about a Democratic mother of three working in the private sector saying that
Madam Romney has never worked in her life.     According to her husband
she's labored but has never worked outside the home.

 

"But what has been lost in the political debate over the Post Office is why
it is losing this money. Major media coverage points to
<http://rapidcityjournal.com/news/opinion/editorial/editorial-post-office-pa
in-needs-solutions/article_9fe2a8d2-e634-11e0-bd1d-001cc4c03286.html> the
rise of email or Internet services and the inefficiency of the post model as
the major culprits. While these factors may cause some fiscal pain, almost
all of the postal service's losses over the last four years can be traced
back to a single, artificial restriction forced onto the Post Office by the
Republican-led Congress in 2006. 

At the very end of that year, Congress passed the
<http://www.govtrack.us/congress/bill.xpd?bill=h109-6407> Postal
Accountability and Enhancement Act of 2006 (PAEA). Under PAEA, USPS was
forced to "prefund its future health care benefit payments to retirees for
the next 75 years in an astonishing ten-year time span" - meaning that it
had to put aside billions of dollars to pay for the health benefits of
employees it hasn't even hired yet, something "that
<http://mrzine.monthlyreview.org/2011/nader230911.html> no other government
or private corporation is required to do." 

As consumer advocate Ralph Nader noted, if PAEA was never enacted, USPS
would actually be facing a $1.5 billion surplus today:

REH

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