Tagged: postal service

CSMonitor.com – US Postal Service cut: Do we really want another bailout?

So if the USPS goes out of business this year, I guess I’ll have to change my Netflix subscription to streaming only and make ALL of my bill payments online.

The most urgent $5.5 billion that’s needed is to finance retirees’ future health care. So we’re not talking about the post office needing the dough to gas up the trucks or even pay current employees. Taxpayers are needed to pay the cost for mail that was delivered years ago.

I don’t think you can blame the internet entirely for the USPS woes. Poor money management is the major cause of this problem. Can they not foresee the cost of pensions and workers healthcare?

Read on at  US Postal Service cut: Do we really want another bailout? – CSMonitor.com.