The US Postal Service is slowing mail delivery and hiking prices

[DEAD7]

SSI and USPS would be just fine if the feds left both funds alone

Something no politician would dare bring up

Wouldnt say it was fine before rethugs attacked it...
The writing is on the all for its mail service.

I thought when the discussions of adding banking and what not were going around it was clear the service was dying and wouldnt be sustainable alone.

 

[DEAD7]

Yeah there needs to be a law passed that takes away small parcel delivery monopoly away from USPS and opens it up to all competition.

No ever wants to address this...
If the USPS service is so great, so necessary, and cant be handled by the market in a cost effective way, why must market competition be prohibited

 

[storyteller]

Wouldnt say it was fine before rethugs attacked it...
The writing is on the all for its mail service.

I thought when the discussions of adding banking and what not were going around it was clear the service was dying and wouldnt be sustainable alone.

2006 is when the Postal Service Accountability and Enhancement Act passed.

https://theweek.com/articles/767184/how-george-bush-broke-post-office

Eventually, the burden became too great, and the USPS began defaulting on the PAEA payments in 2012. But the damage was done. The Postal Service lost $62.4 billion between 2007 and 2016, and its own Inspector General attributed $54.8 billion of that to prefunding retiree benefits. Without the PAEA, the Postal Service wouldn't be doing stellar. (Though you could plausibly blame many of its remaining struggles on the Great Recession.) But it probably would've spent at least part of the last decade making comfortable profits.

 

[DEAD7]

2006 is when the Postal Service Accountability and Enhancement Act passed.

https://theweek.com/articles/767184/how-george-bush-broke-post-office

“Without the PAEA, the Postal Service wouldn't be doing stellar.”



Allow competition is all I’m saying.
If Americans can receive superior service from the market they should be allowed to.

 

[BigMoneyGrip]

Why Does Louis DeJoy Still Have A Job?

Any update from this article written on April’s 9th?

 

[ADevilYouKhow]

Kek I’m advocating a race to the bottom kek

 

[Yapdatfool]

“Without the PAEA, the Postal Service wouldn't be doing stellar.”

Repeal PAEA, let it fail or succeed on its own first...

A Manufactured ‘Crisis’: Congress Can Let The Post Office Save Itself Without Mass Layoffs Or Service Reductions


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

By June 2011, the USPS saw a total net deficit of $19.5 billion, $12.7 billion of which was borrowed money from Treasury (leaving just $2.3 billion left until the USPS hits its statutory borrowing limit of $15 billion). This $19.5 billion deficit almost exactly matches the $20.95 billion the USPS made in prepayments to the fund for future retiree health care benefits by June 2011. If the prepayments required under PAEA were never enacted into law, the USPS would not have a net deficiency of nearly $20 billion, but instead be in the black by at least $1.5 billion.

 

[mastermind]

“Without the PAEA, the Postal Service wouldn't be doing stellar.”



Allow competition is all I’m saying.
If Americans can receive superior service from the market they should be allowed to.

Your original post was in bad faith tho

 

[storyteller]

“Without the PAEA, the Postal Service wouldn't be doing stellar.”



Allow competition is all I’m saying.
If Americans can receive superior service from the market they should be allowed to.

Any attempts they would make to improve the situation are massively hampered by the PAEA and it's extremely obvious. It was was straight-up sabotage that ruins any attempt at comparisons with would-be competitors. Lift that albatross and give them an actual chance to find solutions.

 

[PoorAndDangerous]

“Without the PAEA, the Postal Service wouldn't be doing stellar.”



Allow competition is all I’m saying.
If Americans can receive superior service from the market they should be allowed to.

USPS was never meant to make a profit you stupid capitalist fukkboys. Who would've thought being forced to fund employee pensions 50 YEARS into the future would cause severe financial burden? USPS is a service. They'll deliver mail to any place of residence in the US for like 30 cents. They do have competition, UPS, FedEx, etc. And guess what? They're far more expensive. God I hate this stupid ass country. U.S. politicians will not stop until USPS is privatized so they can make money off of it. And you retards will be cheering it on.

 

[FAH1223]

 

[DEAD7]

USPS was never meant to make a profit you stupid capitalist fukkboys. Who would've thought being forced to fund employee pensions 50 YEARS into the future would cause severe financial burden? USPS is a service. They'll deliver mail to any place of residence in the US for like 30 cents. They do have competition, UPS, FedEx, etc. And guess what? They're far more expensive. God I hate this stupid ass country. U.S. politicians will not stop until USPS is privatized so they can make money off of it. And you retards will be cheering it on.

You think they’re allowed to compete…
Aiight

 

[DEAD7]

Any attempts they would make to improve the situation are massively hampered by the PAEA and it's extremely obvious. It was was straight-up sabotage that ruins any attempt at comparisons with would-be competitors. Lift that albatross and give them an actual chance to find solutions.

Agreed… but lift the monopoly and allow the private sector services to compete.

No reason to maintain a monopoly of no one else will offer a superior service.

 

[Secure Da Bag]

“Without the PAEA, the Postal Service wouldn't be doing stellar.”



Allow competition is all I’m saying.
If Americans can receive superior service from the market they should be allowed to.

Before 2006, were Americans getting subpar service?

 

[DEAD7]

Repeal PAEA, let it fail or succeed on its own first...

A Manufactured ‘Crisis’: Congress Can Let The Post Office Save Itself Without Mass Layoffs Or Service Reductions


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

By June 2011, the USPS saw a total net deficit of $19.5 billion, $12.7 billion of which was borrowed money from Treasury (leaving just $2.3 billion left until the USPS hits its statutory borrowing limit of $15 billion). This $19.5 billion deficit almost exactly matches the $20.95 billion the USPS made in prepayments to the fund for future retiree health care benefits by June 2011. If the prepayments required under PAEA were never enacted into law, the USPS would not have a net deficiency of nearly $20 billion, but instead be in the black by at least $1.5 billion.

Agreed… but I don’t think letting it fail is on the table.
I’d just like to see competition, and the superior service it could bring.