Sunday, September 4, 2011

NY Times: US Post Office Could Shut Down Later This Year -- Not a Bakken Story

Link here.
According to the New York Times: decades of contractual promises made to unionized workers, including no-layoff clauses, are increasing the post office’s costs. Labor represents 80 percent of the agency’s expenses, compared with 53 percent at United Parcel Service and 32 percent at FedEx, its two biggest private competitors. Postal workers also receive more generous health benefits than most other federal employees.
But let's just blame it on the Internet revolution, which by the way, was invented by Al Gore, according to Al Gore.

And the US Postal Service needs to be fully funded: certainly one can argue that the US Postal Service is central to America's Homeland Security.