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LOL you should probably stick to other subjects than math. The USPS is a $75 Billion/ year operation a 10% deficit requires a 10% increase in revenue. 44¢ * 10% = 4.4¢
Um that ain't the way it works my friend. With an increase in stamp prices there is a further erosion of their customer base. So they will need an increase of more than 10% to make up the difference. You should probably stick to a subject other than business.
And this was interesting looking at their projections, there is an expected natural erosion in periodicals which will further increase their deficit. Any rate increase would need to be significant. Very interesting. Clearly this is something that should be turned over to the private sector. Why should taxpayers continue to support this loser?
By the way operating at a 10% loss justifies all the bashing the USPS has been taking, which is the original topic, remember?
Last edited by shorebaby; 09-17-2009 at 02:57 PM..
Um that ain't the way it works my friend. With an increase in stamp prices there is a further erosion of their customer base. So they will need an increase of more than 10% to make up the difference. You should probably stick to a subject other than business.
By the way operating at a 10% loss justifies all the bashing the USPS has been taking, which is the original topic, remember?
LOL you're even worse at economics. Ask someone who is conversant about demand elasticity.
BTW the USPS announced cost cutting too.
By the way the USPS is a quasi-government agency. The USPS does operate on the premise of making a profit. However it does seem that almost every year since the USPS was “privatized” large sums of money were borrowed by the USPS to keep it operating.
Also since 1984 "5-day work weeks" were often spoken in a series of union/mgt meetings in order to put in place some kind of savings. The USPS would realize a savings by eliminating 1/6 of the carrier craft and a portion of the clerk work force...A "5-day work week" is a great way to save money and a business would get their mail on the following work day.
Most arguments concerning the USPS and their methods of delivery and pickups are usually armchair solutions to their problems. We should understand that their competitors deliver mostly packages and some letters while the USPS is mandated by law to deliver to every USA address regardless of their location. Delivering, let's say, 5 letters, 2 magazines and a parcel to a home 6,7,8 or 10 miles off the path of regular deliveries do not make the USPS a profit. A beep of a horn usually announces a FedEx or UPS truck in our neighborhoods. Then a drop at the doorway and a ring at the doorbell announces that your parcel or package arrived. What if you are not home? Most areas are safe to leave the mail but a few are not. NO signature anecessary and if the package is not insured just say good by to a favorite photo of mom's homemade blanket.
I am not defending any delivery service but it seems logical and very American to keep the USPS in service and keep it alive as a viable part of our Americanism.
By the way the USPS is a quasi-government agency. The USPS does operate on the premise of making a profit. However it does seem that almost every year since the USPS was “privatized” large sums of money were borrowed by the USPS to keep it operating.
Also since 1984 "5-day work weeks" were often spoken in a series of union/mgt meetings in order to put in place some kind of savings. The USPS would realize a savings by eliminating 1/6 of the carrier craft and a portion of the clerk work force...A "5-day work week" is a great way to save money and a business would get their mail on the following work day.
Most arguments concerning the USPS and their methods of delivery and pickups are usually armchair solutions to their problems. We should understand that their competitors deliver mostly packages and some letters while the USPS is mandated by law to deliver to every USA address regardless of their location. Delivering, let's say, 5 letters, 2 magazines and a parcel to a home 6,7,8 or 10 miles off the path of regular deliveries do not make the USPS a profit. A beep of a horn usually announces a FedEx or UPS truck in our neighborhoods. Then a drop at the doorway and a ring at the doorbell announces that your parcel or package arrived. What if you are not home? Most areas are safe to leave the mail but a few are not. NO signature anecessary and if the package is not insured just say good by to a favorite photo of mom's homemade blanket.
I am not defending any delivery service but it seems logical and very American to keep the USPS in service and keep it alive as a viable part of our Americanism.
God Bless our Veterans and our Troops.
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You keep misunderstanding. I was being sarcastic in my response.
Don't like the USPS being dissed? Take it up with Obama. He started the latest round of post office bashing with his lame attempt to push a government option in health care.
Don't like the USPS being dissed? Take it up with Obama. He started the latest round of post office bashing with his lame attempt to push a government option in health care.
We'll just keep pointing out how moronic it is to bash an organization that can deliver services at 1/10th the price of their competitors.
Don't like the USPS being dissed? Take it up with Obama. He started the latest round of post office bashing with his lame attempt to push a government option in health care.
The Supreme Court ruling determined if the USPS can be sued based upon their "monopoly", they ruled they can be.. And as we all know, you cant sue the government..
I think the US Supreme Court, and the USPS has more knowledge on the topic than you do, and if you want to ignore the fact that the Postal Reorganization Act of 1971, makes the USPS and INDEPENDENT establishment branch, and the laws written since 1971 separates the pension liabilities from the taxpayers, allows the usps to enter into independent contracts, to be sued, to setup pension funds, healthcare benefits etc, all which USED to be liabilities of the taxpayers.
YOU CANT SUE THE GOVERNMENT, you can sue the USPS. They are seperate, not the same, again INDEPENDENT, and the taxpayers have not given money to the post office in YEARS.
I dont need to name who owns the USPS, the USPS owns themself. PERIOD, and they are regulated by the government and managed by individuals that are put into place by politicians. Similiar to the United Way, or the Red Cross, no one owns them either..
When the post office wants to redo the terms of their shipping methods, such as the recent removal of "bulk printed matter", they had no one to answer to but themself. Prior to the "privatilization", they needed Congressional approval to make changes.
Yes you can sue the government./but you have to get their permission.ZIf you will look the John sitizen VS the US government is a common suit
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