President Trump doesn't understand that the postal services problems are enshrined in law.
The Postal Accountability and Enhancement Act of 2006 was passed during the year the USPS delivered the most parcels in history, and it has never recovered since.
This law forced the postal service to set aside the money needed to finance its estimated pension costs for the next 75 years from funds received between 2007 and 2016. What happened after? 300,000 employees fired and falling behind
Imagine if the law required you to set aside enough money to pay a thirty year loan in 9 years. Nobody would ever take out a mortgage again! Even worse? The Postal Service is the only organization in the country that has to do this. Exclusively. It is evil. Either this law was passed with bad research and data backing it up or it was intentionally created to destroy the USPS.
You wanna go one step even worse into this hell hole? ALL THE RETIREMENT FUNDS MUST BUY GOVERNMENT BONDS FUCKING ONLY!!! That's right pedes! No diversified portfolio representing the full and complete health of the investment market. No! That's too reasonable for a government law! Literally only Government bonds with their shit piss pathetic returns. What the hell do they think is going to happen when they have to start selling them to make the money back?! The bond market will collapse!
And would you like to know how much the postal service lost financing this between 2007 and 2016? The numbers are in. Take a guess. Maybe 5 billion? 10 billion? FUCKING NO!
54 BILLION FUCKING DOLLARS. And their Inspector General reported they lost 62 billion total during that period. He laid the PAEA as the sole and direct reason the USPS is now currently fucked. Because of either good intentions powered by idiot research, or the intent to destroy the mail service so that the likes of Amazon, Fedex, and UPS could charge all of us ten times what we currently do for mail postage.
I know that most of us don't use the mail for postage very often. I'm sure we all have a sleeve of stampls waiting to be used for those 3 to 5 times a year we actually need to mail something. But guess who uses stamps and USPS labels for postage every day? EVERY FUCKING BUSINESS IN THIS COUNTRY!!!
So in short pedes. The USPS doesn't have a corruption problem with Amazon striking exlusivity deals THEY'RE TRYING TO FUCKING SURVIVE EVER SINCE AN IDIOT LAW SINGLED THEM OUT FOR FINANCIAL RUIN!
I'm sorry if I'm sounding ranty and if it's irritating any of my good and fellow pedes, but my aunt has worked for the postal service her entire life and any bad news for the service direcly affects her. I have voted mostly GOP my whole life but I am not blinded by party loyalty. THe 2006 law they passed was legalized warfare against a government organization that provides a public good. (And more cheaply than UPS or Fedex. I KNOW THIS TO BE FACT. I MAKE POSTAGE LABELS EVERY WEEK AT WORK. UPS IS 2-3 TIMES MORE EXPENSIVE PER OUNCE!!!).
In short, repeal the PAEA of 2006. It's fucking awful.
President Trump doesn't understand that the postal services problems are enshrined in law.
The Postal Accountability and Enhancement Act of 2006 was passed during the year the USPS delivered the most parcels in history, and it has never recovered since.
This law forced the postal service to set aside the money needed to finance its estimated pension costs for the next 75 years from funds received between 2007 and 2016. What happened after? 300,000 employees fired and falling behind
Imagine if the law required you to set aside enough money to pay a thirty year loan in 9 years. Nobody would ever take out a mortgage again! Even worse? The Postal Service is the only organization in the country that has to do this. Exclusively. It is evil. Either this law was passed with bad research and data backing it up or it was intentionally created to destroy the USPS.
You wanna go one step even worse into this hell hole? ALL THE RETIREMENT FUNDS MUST BUY GOVERNMENT BONDS FUCKING ONLY!!!
And would you like to know how much the postal service lost financing this between 2007 and 2016? The numbers are in. Take a guess. Maybe 5 billion? 10 billion? FUCKING NO!
54 BILLION FUCKING DOLLARS. And their Inspector General reported they lost 62 billion total during that period. He laid the PAEA as the sole and direct reason the USPS is now currently fucked. Because of either good intentions powered by idiot research, or the intent to destroy the mail service so that the likes of Amazon, Fedex, and UPS could charge all of us ten times what we currently do for mail postage.
I know that most of us don't use the mail for postage very often. I'm sure we all have a sleeve of stampls waiting to be used for those 3 to 5 times a year we actually need to mail something. But guess who uses stamps and USPS labels for postage every day? EVERY FUCKING BUSINESS IN THIS COUNTRY!!!
So in short pedes. The USPS doesn't have a corruption problem with Amazon striking exlusivity deals THEY'RE TRYING TO FUCKING SURVIVE EVER SINCE AN IDIOT LAW SINGLED THEM OUT FOR FINANCIAL RUIN!
I'm sorry if I'm sounding ranty and if it's irritating any of my good and fellow pedes, but my aunt has worked for the postal service her entire life and any bad news for the service direcly affects her. I have voted mostly GOP my whole life but I am not blinded by party loyalty. THe 2006 law they passed was legalized warfare against a government organization that provides a public good. (And more cheaply than UPS or Fedex. I KNOW THIS TO BE FACT. I MAKE POSTAGE LABELS EVERY WEEK AT WORK. UPS IS 2-3 TIMES MORE EXPENSIVE PER OUNCE!!!).
In short, repeal the PAEA of 2006. It's fucking awful.