Postal Service in trouble and Congress isn’t helping

While the Postal Service is struggling, private carriers like FedEx and UPS continue to show positive signs of growth. Notwithstanding the strong economic performance of FedEx and UPS, these companies rely on the Postal Service to deliver millions of ground packages each year to areas that are not profitable for private carriers to serve directly. Therein lies the beauty of the Postal Service — a universal service obligation.

The Postal Service would have reported profits in four of the past five years, if not for Congress’ arbitrary mandate that the agency pre-fund benefits 75 years in advance.

Congress has known about the Postal Service’s financial problems for over a decade. Since that time, what has plagued the Postal Service the most is precisely what has plagued many of our institutions — congressional inaction and gridlock.

By all metrics, the financial burden placed on the Postal Service has been a net negative for the agency, its employees and the public. It is beyond comprehension why Congress will not act decisively to protect an institution that predates the Declaration of Independence and the U.S. Constitution.

It is distressing to see the neglect that Congress has shown toward this national treasure of an institution and the nearly 634,000 career and contract workers that currently fill its ranks.

CONTINUE READING AT » wvgazettemail.com
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I thought amazon was suppose to be the savor for the USPS ? Only brought them down more !

I well remember the lobbying done by NRLCA, NALC, APWU, NPMHU, NAPS, NAPUS and countless other Postal Associations to bring a Bill before Congress that contained the prefunding mandate that these associations now decry as wrong.

Must have been in between your hits of meth. Never have I heard something that ridiculous. But if you can show something legit please do and then guess I will jump on that train. This pre mandate has been nothing but another source of income for Congress to throw money away with