US POSTAL SERVICE ABOUT TO GO BUST - AND IT'S THE POLITICIANS AND UNIONS FAULT

NYTIMES:

... decades of contractual promises made to unionized workers, including no-layoff clauses, are increasing the post office’s costs.

Labor represents 80 percent of the agency’s expenses, compared with 53 percent at United Parcel Service and 32 percent at FedEx, its two biggest private competitors.

Postal workers also receive more generous health benefits than most other federal employees.

LET THAT SINK IN:

Postal workers also receive more generous health benefits than most other federal employees.

REPEAT:

Postal workers also receive more generous health benefits than most other federal employees.

THEY DESERVE TO GO OUT OF BUSINESS. IT'S A LOUSY BUSINESS RUN BY POLITICAL HACKS, THEIR CRONIES ALL FOR THE BENEFIT OF THE UNIONS.

MORE:

Missing the $5.5 billion payment due on Sept. 30, intended to finance retirees’ future health care, won’t cause immediate disaster. But sometime early next year, the agency will run out of money to pay its employees and gas up its trucks, officials warn, forcing it to stop delivering the roughly three billion pieces of mail it handles weekly.

... “Our situation is extremely serious,” the postmaster general, Patrick R. Donahoe, said in an interview. “If Congress doesn’t act, we will default.”

In recent weeks, Mr. Donahoe has been pushing a series of painful cost-cutting measures to erase the agency’s deficit, which will reach $9.2 billion this fiscal year. They include eliminating Saturday mail delivery, closing up to 3,700 postal locations and laying off 120,000 workers — nearly one-fifth of the agency’s work force — despite a no-layoffs clause in the unions’ contracts.

THEY NEED TO ELIMINATE SATURDAY SERVICE, RAISE RATES AND FIRE A LOT OF WORKERS.

IF THE UNIONS DON'T LIKE IT AND GO ON STRIKE, THEN THEY SHOULD ALL BE FIRED.

IN TODAY'S SH*TTY OBAMA ECONOMY, THE USPS COULD HIRE AS MANY NEW WORKERS AS THEY NEED.

I HOPE THE CONGRESS DOESN'T GIVE THEM A DIME - UNLESS THEY ENACT THE ABOVE AUSTERITY MOVES.

IF THE GOVERNMENT CAN'T RUN A BUSINESS EFFICIENTLY THEN THEY SHOULDN'T BE IN THE BUSINESS AT ALL.