Postal losses cap year of payment defaults, little help from Congress; more red ink in 2013

  • Article by: HOPE YEN , Associated Press
  • Updated: November 15, 2012 - 3:35 PM
  • 11
  • Comments

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mike2636Nov. 15, 12 9:22 AM

Cut residential delivery to every other day. Problem solved.

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mike2636Nov. 15, 12 9:22 AM

Cut residential delivery to every other day. Problem solved.

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chuckynarzNov. 15, 1210:45 AM

Agreed, many rural areas in this country get alternate day service from UPS and Fed Ex. This should be the case with the postal service. Imagine the fuel cost savings for the USPS.

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FrankLNov. 15, 1211:21 AM

Instead of closing POs in small towns where the next option might be 30 minutes away, why not close some in the metro area. Does every little suburb need their own PO? Also, start using technology. The Automated Postal Center (APC) is great in theory, but horrible in execution. Make it user friendly and you don't need to man the counter.

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misterwittNov. 15, 1211:23 AM

"cutting residential delivery to every other day" doesn't solve an 11.1 billion health insurance tab, Mikey.....

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swmnguyNov. 15, 1211:40 AM

Maybe if the House weren't committed to wiping out the USPS in favor of UPS and FedEx, they wouldn't sabotage the USPS with such ridiculous pension and healthcare funding rules. Most companies are allowed to outrageously underfund such obligations, but USPS has to fund them farther into the future than anyone else?

Why does Congress refuse to allow USPS to charge bulk mailers what it costs to deliver their product? This is a huge subsidy to that industry, which forces USPS to run in the red, and then we blame USPS for that?

Where my parents live, UPS and FedEx rely on USPS to do the expensive parts of the job. Cutting back USPS will just deprive a lot of rural customer of access.

I make it a point to use USPS instead of UPS and FedEx. All the Constitutionalists, opponents of government intervention in business, should do the same.

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tooty123Nov. 15, 1212:11 PM

The Congress needs to eliminate the 17 years in advance for insurance. What company or person has to do this? Who was behind this in the first place?

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mike2636Nov. 15, 1212:20 PM

@misterwitt. Certianly you are right, it does nothing for current pensions and healthcare. BUT face the facts. Th Postal Service is almost as antiquated as the typewriter.. .You cut residential service to every other day you cut fuel nearly in half and you cut mail carrier staff nearly in half, which translates to nearly half the healthcare costs, and down the road half the penion costs. What would you suggest? And seriously what will you get in your mailbox today that absolutely can't wait until tomorrow.....nothing....unless you REALLY need that Little Cesaers coupon.

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boboboboNov. 15, 1212:46 PM

Any country that can't get it's mail delivery system working reliably and inexpensively has failed.

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agustusNov. 15, 1212:49 PM

Why can't the good ol' US taxpayers be good for it like they'll be on the hook for FHA and all the other mismanaged institutions. What is a few more dollars in taxes to your declining wage, high debt load, and inflating dollars? Your family probably didn't need it anyway!

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