• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Post office losing money.

bongsaway said:
Today I learned something from the president's news presser.

I learned the post office is losing money because internet companies take thousands of packages to the post office and say, deliver them. The internet company is making money but the post office is losing money on the transaction.

Now I understand why he went bankrupt so many times and to think he told us before he was elected he would run the country just like he ran his business. Scary huh?
Click to expand...

The Post Office has not been on firm ground for many decades.

Our so-called leaders never got around to fixing it.
 
Barnacle said:
Forbes, November 2017 - "... As you browse through the listings on sites like Amazon and eBay it is almost impossible not to be amazed at how cheaply China-based merchants are selling products for: xlr cables for $.99, a necklace for $.78, 10 watch batteries for $.78 -- all with postage included.

... These super low shipping rates are being subsidized by the U.S. Postal Service.

... In 2011, the U.S. Postal Service made special agreements with the national postal carriers of China and Hong Kong (and subsequently South Korea and Singapore) to allow tracking-enabled packages not exceeding 36” or weighing over 4.4 pounds to be sent to the U.S. for extremely low rates. They called this shipping option the ePacket, and the rates are so low that it's cheaper to ship small parcels from China to an American city than it is to send that same parcel domestically. ..."

As U.S. Postage Rates Continue To Rise, The USPS Gives The Chinese A 'Free Ride'
Click to expand...

More to the story than initially meets the eye or what some would have us believe.

The Congress in 2006 should have left the USPS alone. If there's a culprit here, it's Congress and their needless and pointless meddling in the USUPS.
 
bongsaway said:
Today I learned something from the president's news presser.

I learned the post office is losing money because internet companies take thousands of packages to the post office and say, deliver them. The internet company is making money but the post office is losing money on the transaction.

Now I understand why he went bankrupt so many times and to think he told us before he was elected he would run the country just like he ran his business. Scary huh?
Click to expand...

The post office spends considerably more to run its daily business than it takes in. This has been the problem for a number of years. Two main reasons, 1. the overall decline in volume of mail being sent via USPS means less revenue and the post dept cannot cut back, it has to send a mailman to every address 6 days a week. So cost are not going down dispite lower volume. 2. Cost of maintaining salary and benefits continues to rise without ability to make up the difference. USPS can only increase charges by .9% relative to rate of inflation so it cannot get ahead of cost.
 
bongsaway said:
Today I learned something from the president's news presser.

I learned the post office is losing money because internet companies take thousands of packages to the post office and say, deliver them. The internet company is making money but the post office is losing money on the transaction.

Now I understand why he went bankrupt so many times and to think he told us before he was elected he would run the country just like he ran his business. Scary huh?
Click to expand...

What that fool in the White House does not know is that the USPS delivers many of the small packages for UPS and Fedex .
 
Integrityrespec said:
Cost of maintaining salary and benefits continues to rise without ability to make up the difference.
Click to expand...

A mail carrier for the post office starts at $20 per hour, plus full healthcare benefits and a government pension for doing a job that a drunken 13 year old boy could perform. That's at the bottom of the ladder, imagine how inflated the salaries are as you move up the hierarchy.
 
eohrnberger said:
More to the story than initially meets the eye or what some would have us believe.

The Congress in 2006 should have left the USPS alone. If there's a culprit here, it's Congress and their needless and pointless meddling in the USUPS.
Click to expand...

Indeed.

I heart the USPS.
 
ttwtt78640 said:
That fact check was very misleading since the USPS does, in fact, lose money (postal fees do not cover its operating expenses) and the spin was that Amazon alone might not be getting a special deal (but they have no idea since that deal is not publicly disclosed) when compared to other large commercial parcel postal users. It did say that the USPS is charging below market rates on all parcel deliveries.

It should have been rated partly true and the BS tossed in about pension funding requirements makes no difference since it is not in any way tied to parcel delivery rates.
Click to expand...

Below market rates doesn't mean it loses money on mail delivery. The post office loses money by congressional decree, the rest is obfuscation because the post office is required to have expenses that no public sector delivery service would ever take on.

The law in 2006 was pure congressional sabotage, meant to try to bankrupt the post office so that private carriers could be favored in the future.
 
Last edited:
eohrnberger said:
More to the story than initially meets the eye or what some would have us believe.

The Congress in 2006 should have left the USPS alone. If there's a culprit here, it's Congress and their needless and pointless meddling in the USUPS.
Click to expand...

It isn't pointless it's political. They don't want the post office working. They want to have their "news" outlets publish stories about how the USPS is hopeless because it isn't run like a private business, meanwhile ramping up the costs of private pensions so that the post office can't run it's business like a private business (that would be cutting it's pension rather than prepaying it it until 2056).
 
Last edited:
aociswundumho said:
A mail carrier for the post office starts at $20 per hour, plus full healthcare benefits and a government pension for doing a job that a drunken 13 year old boy could perform. That's at the bottom of the ladder, imagine how inflated the salaries are as you move up the hierarchy.
Click to expand...

Yes, how dare anyone make any money doing a job! The nerve.
 
aociswundumho said:
Why the hell should the taxpayers have to subsidize shipping to the guy who chooses to live in Nowheresville?
Click to expand...

How else should they collect his taxes, or deliver legal docs, etc?
 
swing_voter said:
If the Post Office disappeared tomorrow, about all I'd notice is that I'm not getting junk mail anymore.

There's not a single thing I can't do online.
Click to expand...

Well, you can't have a pen pal with a female prisoner online.
 
bongsaway said:
It seems true to our president and I'm pretty sure the lemmings believe him. No proof needed, trump said it, must be true. Brain death is a horrible thing. It's amazing how he can just make stuff up and his followers defend his crazy reality.
Click to expand...

Says the guy who didn't even know the post office has been losing money for eons and wanted to blame it on Trump.
 
ttwtt78640 said:
That fact check was very misleading since the USPS does, in fact, lose money (postal fees do not cover its operating expenses) and the spin was that Amazon alone might not be getting a special deal (but they have no idea since that deal is not publicly disclosed) when compared to other large commercial parcel postal users. It did say that the USPS is charging below market rates on all parcel deliveries.

It should have been rated partly true and the BS tossed in about pension funding requirements makes no difference since it is not in any way tied to parcel delivery rates.
Click to expand...

Not only parcels but regular letter deliveries. Tell me when it is all said and done that the post office can deliver a letter from Maine to Hawaii for 55 cents.
 
aociswundumho said:
A mail carrier for the post office starts at $20 per hour, plus full healthcare benefits and a government pension for doing a job that a drunken 13 year old boy could perform. That's at the bottom of the ladder, imagine how inflated the salaries are as you move up the hierarchy.
Click to expand...

I read a story several years ago about a very high up person in the post office who retired after many years of service. When he retired he spilled the beans that he earned like 250K per year, got several months worth of vacation every year, and the rest of the time delegated his work to everyone else so he didn't do anything. The most strain he got was taking his paycheck to the bank every so often. He had a meaningless job that wasn't needed.
 
Variant said:
Below market rates doesn't mean it loses money on mail delivery. The post office loses money by congressional decree, the rest is obfuscation because the post office is required to have expenses that no public sector delivery service would ever take on.

The law in 2006 was pure congressional sabotage, meant to try to bankrupt the post office so that private carriers could be favored in the future.
Click to expand...

Tell me the post office can deliver a letter from Maine to Hawaii for 55 cents.
 
swing_voter said:
If the Post Office disappeared tomorrow, about all I'd notice is that I'm not getting junk mail anymore.

There's not a single thing I can't do online.
Click to expand...

and yet businesses relay on them daily.
 
Variant said:
Yes, how dare anyone make any money doing a job! The nerve.
Click to expand...

This is what the liberal left want. They want everyone to make a "living wage" while the company goes bankrupt. Better yet, let's turn all businesses into government run and then we can just print money to pay the workers because the business has no money in the till.
 
bongsaway said:
How about you refer back to post one and show me where I blamed trump. Let's see who needs a brush up on reading comprehension.
Click to expand...

Maybe you can comprehend this statement for me:



bongsaway said:
Now I understand why he went bankrupt so many times and to think he told us before he was elected he would run the country just like he ran his business. Scary huh?
Click to expand...
 
bongsaway said:
Today I learned something from the president's news presser.

I learned the post office is losing money because internet companies take thousands of packages to the post office and say, deliver them. The internet company is making money but the post office is losing money on the transaction.

Now I understand why he went bankrupt so many times and to think he told us before he was elected he would run the country just like he ran his business. Scary huh?
Click to expand...

The post office has been losing money far before trump became president but don't let facts get in the way.
 
new member said:
Not to mention that in 2006, Congress passed the Postal Accountability and Enhancement Act that requires the USPS to create a $72 billion fund to pay for the cost of its post-retirement health care costs, 75 years into the future. Yes, 75 years into the future! This burden applies to no other federal agency. If the costs of this retiree health care mandate were removed from USPS financial statements, the Post Office would have reported operating profits.
Click to expand...

Thank you for posting that. Yes USPS is burdened like no other federal agency.

That is NEVER discussed on mainstream media, not a word.

As I recall, the process of burdening USPS with unfair rules began during the Clinton administration.
 
You must log in or register to reply here.
Back
Top Bottom