The US Postal Service is contemplating increasing postage rates and eliminating Saturday delivery. Really? They lost approximately $4 billion last year. But don’t worry the CEO got a bonus. It is reported that their labor costs, heavily unionized, exceed 80% of revenues. Did you know that the only place where unionization is growing is in the public sector? Union representation in the public sector surpassed the private sector for the first time this year.
But don’t worry, President Obama has a handle on it. He appointed Andy Stern, president of the Service Employees International Union to the board to figure out how to reduce the deficit. Do you see a problem between these two news items? Can you see a problem with the objectives of an Andy Stern and you and me?
As a side note, Rick Perry just won the Republican primary for governor of Texas and in his campaign he used no yard signs, no phone banks, and no direct mail. As one commentator said “paper is dead.”
I know this is completely anecdotal, but my local post office just completed an expansion project increasing the size of the building. I have noticed more than one post office being expanded as well. Again, this is just my limited, personal observation, not a scientific study, but with the drop in mail volume, “paper is dead”, $4 billion in losses, performance bonuses for lackluster performance, heavy unionization, am I being unreasonable in thinking the government couldn’t handle health care even if it was a good idea?
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Your Tax Dollars Hard At Work
by Bill O'Connell on March 3, 2010
The US Postal Service is contemplating increasing postage rates and eliminating Saturday delivery. Really? They lost approximately $4 billion last year. But don’t worry the CEO got a bonus. It is reported that their labor costs, heavily unionized, exceed 80% of revenues. Did you know that the only place where unionization is growing is in the public sector? Union representation in the public sector surpassed the private sector for the first time this year.
But don’t worry, President Obama has a handle on it. He appointed Andy Stern, president of the Service Employees International Union to the board to figure out how to reduce the deficit. Do you see a problem between these two news items? Can you see a problem with the objectives of an Andy Stern and you and me?
As a side note, Rick Perry just won the Republican primary for governor of Texas and in his campaign he used no yard signs, no phone banks, and no direct mail. As one commentator said “paper is dead.”
I know this is completely anecdotal, but my local post office just completed an expansion project increasing the size of the building. I have noticed more than one post office being expanded as well. Again, this is just my limited, personal observation, not a scientific study, but with the drop in mail volume, “paper is dead”, $4 billion in losses, performance bonuses for lackluster performance, heavy unionization, am I being unreasonable in thinking the government couldn’t handle health care even if it was a good idea?
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Tagged as: Andy Stern, Business/Finance, CEO, commentator, Employment Change, Governor, member of the board, Obama, Postal Service, President, Republican primary, Rick Perry, Service Employees International Union, Texas, United States Postal Service, US Postal Service, USD