Post Office cutbacks
POSTED: Monday, December 5, 2011 - 6:21pm
UPDATED: Monday, December 5, 2011 - 6:44pm
The US Postal Service is losing money…lots of it.
And to avoid bankruptcy, some big changes are coming down the pike.
Technically, the Post Office is a private enterprise but with government supervision.
That is both a blessing and a curse, but lately, it’s mostly the latter.
It’s right there in article one of the Constitution. the government has the responsibility of establishing and running the US Postal Service.
The first Postmaster General was Benjamin Franklin. The latest, Pat Donahoe, says, the service is in trouble.
The reason is as close as your computer.
We just don’t send letters anymore.
The postal service also argues, it doesn’t have the freedom other businesses have to close unprofitable locations and set prices.
But the big killer is the pension plan.
“The Accountability and Enhancement Act of 2006,” says sokesman McKinney Boyd, “instructed the Postal Service to prefund the health benefits of all its employees, more than $5.5 billion. The Postal Service is the only federal agency that had to do just that.”
The result will be big changes to delivery, and they may make things worse.
The Postal RegulatoryCommission will decide on the changes.
The Tyler sorting facility will be closed and postage will go up a penny in January.
But, if the service should go bankrupt, there is no private service that could take up the slack, and none have said they want to.
They simply don’t deliver everywhere.