Obama admin silent as USPS lays off 35,000 workers...with more layoffs to come

[RBInMaine]

69. With the internet and their pension costs, their cashflow is in a world of hurt. Something needs to

to be done. Yes, we should raise taxes on the rich and cut the bloated military to offset some of the cuts, agreed, but we also must admit that with paper mail so reduced by the internet and their huge pension and other costs, something had to give somewhere. I do wish they could offset some of this and get more imaginative in their cost reductions, but some amount of downsizing was inevitable regardless of administration. This has been on the radar for a long time, well before Obama. The USPS is in the red BIGTIME. Like the Big Three automakers, they need new operations and benefits models and greater efficiency. They just can't continually raise rates. Also, we have no dire need for weekend mail delivery. It needs to become a leaner, more cost efficient operation just as the military does and others we could name. Hopefully some workers can take early retirement.