US Post Office Crisis
Another emergency that must be addressed immediately has arrived on the scene. The United States Post Service (USPS) or Post Office to most of us.
This entity has been losing money for decades. With competition from email, electronic bill paying and United Parcel Service and FedEx, the need diminishes. The current "emergency" is a $5.5 billion payment to finance retirees' future health care. Like the prison guards, auto workers, and municipal employees, they have very generous union contracts.
These include high wages, generous health care, no layoff clauses and high retirement benefits. Maybe it is time to shut down the entity and put the services up for bid. UPS, FedEx and DHL can certainly provide the service a lot cheaper.
Keith C. De Filippis
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