Post office losing money.

[bongsaway]

Maybe you can comprehend this statement for me:

Well he thinks internet companies like amazon drop off thousands of packages to the post office and just say send them and they magically go. I'm still waiting for the part where I said trump is causing the post office to lose money.

 

[bongsaway]

The post office has been losing money far before trump became president but don't let facts get in the way.

Get in the way of what? I keep hearing this from the right. Point out the lie or where I blame trump.

 

[Moderate Right]

Well he thinks internet companies like amazon drop off thousands of packages to the post office and just say send them and they magically go. I'm still waiting for the part where I said trump is causing the post office to lose money.

I'm still waiting for your explanation to my post. You didn't dodge it very well.

 

[Variant]

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.

People getting paid well for the work they do seems antithetical to the right nowadays. They outright sabotage the post office because they want UPS and FEDEX to squeeze more profits from the public and pay their workers as little as possible.

 

[Variant]

Tell me the post office can deliver a letter from Maine to Hawaii for 55 cents.

Because it makes loads of money on letters delivered between Boston and New York at the same rate.

Letter mail has never been a losing business for the post office, their only problem now is that people are sending fewer than they were.

They've tried to make up some of the revenue drop off up on package delivery for amazon and such, and it has worked to some extent, but not enough to offset the cost of prepaying their pensions until 2056, which costs something like 5-6 billion a year, and is an outlandish expense that no private business would ever undertake.

 

[Torus34]

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?

Hi! I'm not sure of your information source [Beware if it was President of the United States of America Donald Trump,] but the USPS's own statement for its 2019 financial report was, in part:

"WASHINGTON - The U.S. Postal Service reported operating revenue of $71.1 billion for fiscal year 2019 (October 1, 2018 - September 30, 2019), an increase of $514 million compared to the prior year. The higher revenues were driven largely by price increases and continued growth in the Shipping and Packages business, where revenue increased $1.3 billion, or 6.1 percent, which more than offset revenue declines in First-Class and Marketing Mail as a result of declining volumes in that segment of its business." [Italics mine.]

Ref: U.S. Postal Service Reports Fiscal Year 2019 Results - Newsroom - About.usps.com

Regards, take care and stay well. [And be thankful you're not one of the '15'.]

 

[Moderate Right]

People getting paid well for the work they do seems antithetical to the right nowadays. They outright sabotage the post office because they want UPS and FEDEX to squeeze more profits from the public and pay their workers as little as possible.

Businesses are businesses. The left want business to pay a living wage, even if it bankrupts the business and closes them down.

 

[Moderate Right]

Because it makes loads of money on letters delivered between Boston and New York at the same rate.

I don't even believe that. When you look at all the overhead, I seriously doubt the post office can deliver a letter across town inside the same city for 55 cents. Try sending something inside the same city from UPS or Fedex and see how much it costs. Not 55 cents. That's because they make a profit while the post office does not. It's time we woke up and quit subsidizing the post office with billions of dollars just so they can deliver junk mail. They are an albatross.

 

[Variant]

Businesses are businesses. The left want business to pay a living wage, even if it bankrupts the business and closes them down.

The wage isn't what is bankrupting the post office, but rather the government mandated pension obligations.

 

[Variant]

I don't even believe that. When you look at all the overhead, I seriously doubt the post office can deliver a letter across town inside the same city for 55 cents. Try sending something inside the same city from UPS or Fedex and see how much it costs. Not 55 cents. That's because they make a profit while the post office does not. It's time we woke up and quit subsidizing the post office with billions of dollars just so they can deliver junk mail. They are an albatross.

They deliver truckloads. Letters don't really weigh much, it's as if international paper could charge .55$ for a sheet of paper...

Letter business if it were consistent would keep the post office solvent for generations. The only threat to the business is that people could stop using it, and at that time you could scale it back. But, otherwise the post office has been solvent for generations, more often raided for cash than subsidized.

 

[eohrnberger]

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).

OK, fair enough. I disagree with the politics behind such bull****.

 

[Variant]

OK, fair enough. I disagree with the politics behind such bull****.

Good. I like finding common ground about the more egregious bull**** it tends to restore my faith in humanity a bit.

 

[Moderate Right]

The wage isn't what is bankrupting the post office, but rather the government mandated pension obligations.

I thought we had moved on from the post office. But, you could say that pensions are part of wages.

 

[Variant]

I thought we had moved on from the post office. But, you could say that pensions are part of wages.

You can but most companies don't have pension obligations mandated by the federal government that they prepay them until 2056.

Mandated by the very same people who complain that the post office can't operate because it's not run like a private business.

Which I rightfully call sabotage so that those very same people can take your side of the argument and say the post office is losing money because of overpaid workers.

So, I don't consider your position all that serious. We will be able to rightfully judge the finances and position of the post office in our society and whether we should "subsidize" it when a certain political party decides to stop deceitfully sabotaging it.

I'll then be happy judge it like any private institution, many of which require a massive government intervention every decade or so now to protect peoples jobs and avoid things like recessions.

 

[Moderate Right]

You can but most companies don't have pension obligations mandated by the federal government that they prepay them until 2056.

Mandated by the very same people who complain that the post office can't operate because it's not run like a private business.

Which I rightfully call sabotage so that those very same people can take your side of the argument and say the post office is losing money because of overpaid workers.

So, I don't consider your position all that serious. We will be able to rightfully judge the finances and position of the post office in our society and whether we should "subsidize" it when a certain political party decides to stop deceitfully sabotaging it.

I'll then be happy judge it like any private institution, many of which require a massive government intervention every decade or so now to protect peoples jobs and avoid things like recessions.

The post office should be disbanded or sold to private companies with the stipulation that they must somehow provide some form of reasonably priced essential mail service to those who live in nowhereville.

 

[RaleBulgarian]

The post office should be disbanded or sold to private companies with the stipulation that they must somehow provide some form of reasonably priced essential mail service to those who live in nowhereville.

Great idea, put 600,000 more people out of work. :roll:

 

[Glitch]

Yup.

The USPS is one of the great organizations in the world, and a national treasure.

:thumbs:

That is very funny. :lamo

The post office has been losing money since the day it was created by Congress under the Postal Service Act of 1792.

I also happen to live in a State that has to deliver its own mail because the USPS refuses. The USPS won't even issue most Alaskan towns and villages ZIP Codes. For example, every town and village west of Bethel must share Bethel's ZIP Code. The mail is delivered by the USPS only as far as Bethel, then private and State pilots deliver the mail to the appropriate towns and villages at their expense.

Even in my case I can't get the USPS to deliver my mail. I have to use the town of Wasilla for my address, even though I live in the Houston township, and I have to pick up my mail in the town of Knik.

So we definitely have very different views about the USPS.

Personally, I would like to see an amendment proposed to the US Constitution that privatizes the USPS. DHL, UPS, and Fed Ex will deliver to my door, but the USPS will not. I consider that a problem.

 

[Moderate Right]

Great idea, put 600,000 more people out of work. :roll:

LOL. Says the person who wants to put every employee who works in health insurance out of work.

 

[ludin]

Get in the way of what? I keep hearing this from the right. Point out the lie or where I blame trump.

didn't read your own OP did you?

 

[RaleBulgarian]

LOL. Says the person who wants to put every employee who works in health insurance out of work.

Wrong again, as usual.

I do not support Medicare for all.

 

[j brown's body]

Why the hell should the taxpayers have to subsidize shipping to the guy who chooses to live in Nowheresville?

Its in the Constitution.

 

[Thoreau72]

The post office should be disbanded or sold to private companies with the stipulation that they must somehow provide some form of reasonably priced essential mail service to those who live in nowhereville.

It almost sounds like you work for FedEx or UPS...

 

[bongsaway]

didn't read your own OP did you?

Read it? I wrote it. Now can you please show me the part where I blame trump?

 

[ludin]

Read it? I wrote it. Now can you please show me the part where I blame trump?

From you OP directly.


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?

as i said you didn't read your own OP.

 

[bongsaway]

From you OP directly.


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?

as i said you didn't read your own OP.

I'm sorry but I still don't see where I said and trump is the cause of all of this. I stated trump said internet companies like amazon take thousands of packages to the post office and say, send them. That's all. And if this is what the president thinks happens, then it's easily understood why he went bankrupt so many times. Where you folks on the right got the rest if beyond me?