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... I deal with UPS and FEDEX every day and they are telling me how Amazon is really boosting the workload. And that Amazon Groceries of all things is really starting to expand in their deliveries. Boosted their workload this year so much that they didn't do any post seasonal layoffs here.
Lots of mail order stuff getting big these days.
It's rarely the friend of the conservative narrative.
I was a stanch republican for most of my life. Then I started studying economic history and discovered that conservative rhetoric doesn't match economic history. What's funny is that the reason I started studying economic history was to prove my conservative rhetoric on a forum, I was devastated when I realized that I couldn't - it was like discovering that the Easter Bunny wasn't real.
The accelerated funding was Republicans trying to hamstring the USPS. The mandate is ridiculous. The GAO was simply saying "since this mandate is now in place, the USPS needs to focus on how to fund it."
I was a postman once for a short while and I realize the slowdown of the mail because they do a mail audit every year which is why I don't work there anymore because you have to be a temp for several years before you get a route and after a mail audit they redesign the routes and due to the slow down my hours got cut from 40/week to 8/week because of consolidated routes.
That being said the USPS is still very profitable without that stupid mandate. And parcel service is on the rise. I deal with UPS and FEDEX every day and they are telling me how Amazon is really boosting the workload. And that Amazon Groceries of all things is really starting to expand in their deliveries. Boosted their workload this year so much that they didn't do any post seasonal layoffs here.
Lots of mail order stuff getting big these days.
Nor is it yours. Nearly $8 trillion of that $18 trillion has been amassed under one man: Obama.
Ok, then I'm a bit confused to the interpretation your trying to push.
The GAO pointed out that the future business model of the USPS showed fewer employees and dwindling sales. At the same time the USPS was refusing to address the growing time bomb of unfunded pension liabilities. The accelerated funding was to insure future obligations could be met as the USPS got smaller in size and fewer employees could be counted on to meet pension obligations. Rationally, that's evident to everyone considering the impact of the internet and email.
Further, to push the "they are profitable" is to ignore the massive unfunded liabilities that remain in the face of continued shift away from the primary services the USPS provides. It is disingenuous for someone to suggest a company is profitable when it's not meeting it's financial obligations, and as it gets smaller, won't have a problem meeting them in the future.
So what exactly did the Republicans do that isn't reflected in the GAO report and I seem to be missing from your posts?
Nor is it yours. Nearly $8 trillion of that $18 trillion has been amassed under one man: Obama.
If only he were as good as Reagan at tripling the debt.
If only he were as good as Reagan at tripling the debt.
Yeah, Reagan raised the debt from one to three trillion in 8 years.
Obama raised it almost $8 trillion in 6 years.
If you really think that is comparable, it is obvious that you failed math along with logical thinking courses in school.
Why would you say that. One president tripled it, and the other doubled it. Neither is a good thing.
Ok, I'll play your game.....
Which do you prefer?
1. You invest $1 and earn $2
or
2. You invest $10 and earn $8
Surely, you prefer #1 since you are tripling your money, right ????
It depends on what my other investment opportunities are, whether I can borrow additional funds and at what interest rate, and how much I have to invest.
There is also the consequences of positive debt and negative debt. There doesn't seem to be any benefit for the American people for the $trillions added to the Obama debt but Reagan's debt, working with a Democrat Congress, had long term positive effects.Yeah, Reagan raised the debt from one to three trillion in 8 years.
Obama raised it almost $8 trillion in 6 years.
If you really think that is comparable, it is obvious that you failed math along with logical thinking courses in school.
Yeah, Reagan raised the debt from one to three trillion in 8 years.
Obama raised it almost $8 trillion in 6 years.
If you really think that is comparable, it is obvious that you failed math along with logical thinking courses in school.
There is also the consequences of positive debt and negative debt. There doesn't seem to be any benefit for the American people for the $trillions added to the Obama debt but Reagan's debt, working with a Democrat Congress, had long term positive effects.
Reaganomics Vs. Obamanomics: Facts And Figures - Forbes
You also have to take into account inflation and the size of our economy and population and the perceived need to spend an extra trillion + to avoid the recession becoming a depression.
If you are concerned about the debt, then just be glad that Obama didn't triple the debt, and that the deficit has been falling for years.
That doubling and tripling explanation doesn't really work. $8 trillion to $24 trillions is a great deal more than $1 to 3 trillion.You also have to take into account inflation and the size of our economy and population and the perceived need to spend an extra trillion + to avoid the recession becoming a depression.
If you are concerned about the debt, then just be glad that Obama didn't triple the debt, and that the deficit has been falling for years.
Veey good. I got you to read it after all.
Considering I joined here during his term, and I just learned about this today, no I have not criticised his predecessors
Yeah, I'll forever be grateful to Obama for adding $8 + trillion dollars to my grandchildren's debt.
:roll:
I dunno so much about that. The Obama era economy recovered in some measures faster than the Regain era economy (including the unemployment rate), the Obama era economy didn't double dip, and didn't have nearly as much inflation. There is certainly no way to prove one way or the other who's spending on what caused what. It just is what it is.
That doubling and tripling explanation doesn't really work. $8 trillion to $24 trillions is a great deal more than $1 to 3 trillion.
You may not be familiar with the Carter years or the Reagan years but there is good reason why Carter was defeated after one term and Ronald Reagan winning every state but one in his relection.
But at least the infrastructure of the country is strong, the people are free and united, and the country is at peace. Worth every trillion.Yeah, I'll forever be grateful to Obama for adding $8 + trillion dollars to my grandchildren's debt.:roll: