Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Showing Original Post only (View all)The Post Office is a Manufactured Crisis by Congress, and the Corporate Media is Lying about it! [View all]
It is true that USPS is facing fiscal challenges it lost nearly $20 billion over the last four years and is at risk of not being able to meet a $5.5 billion mandated payment to the Treasury at the end of this month (which has been put off six weeks thanks to the last continuing resolution in Congress).
But what has been lost in the political debate over the Post Office is why it is losing this money. Major media coverage points to the rise of email or Internet services and the inefficiency of the post model as the major culprits. While these factors may cause some fiscal pain, almost all of the postal services losses over the last four years can be traced back to a single, artificial restriction forced onto the Post Office by the Republican-led Congress in 2006.
At the very end of that year, Congress passed the Postal Accountability and Enhancement Act of 2006 (PAEA). Under PAEA, USPS was forced to prefund its future health care benefit payments to retirees for the next 75 years in an astonishing ten-year time span meaning that it had to put aside billions of dollars to pay for the health benefits of employees it hasnt even hired yet, something that no other government or private corporation is required to do.
http://thinkprogress.org/economy/2011/09/28/330524/postal-non-crisis-post-office-save-itself/?mobile=nc
I would also add that we need to end the Homeland Security regulation (the entire department/unaudited slush fund) that requires all mail to be sent through a major city.
This is not providing safety, but it is causing postal workers to have to work extra, and driving up the costs in fuel as mail is shipped for large distances and back again for no apparent reason.
34 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
The Post Office is a Manufactured Crisis by Congress, and the Corporate Media is Lying about it! [View all]
Fight2Win
Feb 2013
OP
Dems foolishly believing it would BENEFIT the workers. BushInc only wanted to DESTROY
blm
Feb 2013
#10
It is absolutely a created crisis (disaster capitalism). Follow the money to those who would profit.
Fire Walk With Me
Feb 2013
#5
UPS, FedEx and others would profit from demise of the US Postal Service
Bernardo de La Paz
Feb 2013
#32
My question has been, "Who actually is in line to steal the Post Office pensions?"
Dont call me Shirley
Feb 2013
#13
How much per year would the USPS pay to fund the future health benefits of its employees/retirees?
FarCenter
Feb 2013
#16
That's 17 cents Canadian over 63 cents Canadian. Hey, a dime for free health care! I'll buy.
Festivito
Feb 2013
#28
I cannot believe that NONE of our media know this. They are ALL LYING, ALL OF THEM.
Festivito
Feb 2013
#29