Thursday, January 26, 2012

US Post Office Needs to Cut 260,000 Jobs: Rep. Issa



US Post Office Needs to Cut 260,000 Jobs: Rep. Issa
Published: Tuesday, 24 Jan 2012 | 9:24 AM ET
By: Jeff Cox CNBC.com Senior Writer

The U.S. Postal Service needs to slash 260,000 jobs and end weekend delivery if it is to climb out of its "financially insolvent" condition, Rep. Darrell Issa said.

Despite a mandate to avoid deficits, the post office loses up to $15 billion a year, Issa told CNBC during an informal gathering of senior House Oversight and Government Reform Committee members.

"It's a combination of delivering what people want at a price they're willing to pay," the California Republican said. "We've restricted what the post office can charge for various classes of mail. But the biggest challenge is there are about 660,000 workers at the post office. In the private sector there would be about 400,000."

http://www.cnbc.com/id/46114130

2 comments:

Anonymous said...

These idiots put themselves out of business. I went to mail a small square envelope this week. The clerk asked what was inside. She said 'its $1.95'. I said what if its paper inside? She said it would be $1.10. I said forget it. I bought $1.10 in stamps, put them on myself and put it in the slot. (the clerk said that once I told here there was a CD inside she must charge me the higher-almost DOUBLE rate). What a crock of shit. If a private business pulled this sort of crap, the government would charge them with fraud.
As long as the post office continues with their nonsense, more customers will use Fedex, UPS, and pay/receive their bills online.

Anonymous said...

it is still cheep to send a letter.