USPS defaulting / shutting down

Is it really that bad in the US?

http://www.foxnews.com/politics/2011/09/05/postal-service-facing-default-shut-down-without-congressional-intervention/

So it might not be the sellers' fault.

Interesting article. Not the most surpricing but interesting.
Maybe take a small quickie loan to sort things up, hmm?

I have 4 items coming from Hong Kong via USPS. I hope I get my stuff!

That's what you get with a quasi-governmental, subsidized organization run by one of the most radical unions in this country. The service itself is VERY efficient..... if you don't consider the financial aspect of it

if you want a financially profitable service that delivers to the door of every building in a country,you end up with a 3 day service...as in you get post on Monday,Wednesday and Friday....or you get a service that can take weeks.

No country in the world has a fully privatised postal service that works fully, it's either far more expensive and therefore can harm other business sectors, or not as good so harms other business sectors.

A good postal system is a merit good, like eduction...as it helps other parts of the economy.

Yes, it is. All part of the power elite's plan to collapse the dollar to make us a third world country. Tell ya, if I was a young guy, I'd be looking to leave-maybe Australia, New Zealand, Sweden, and I hate saying that. I'm 56 and for the first time in my life I'm really scared.

Rich

dead on , overbloated overpaid slackjawed wasting my taxes dollars . dissolve the usps , start over or split it to fedex and ups , they will cut the fat .

usps just another hole in your tax bucket ! i could go on ...

Just be thankful you're not a young guy growing up in this crazy world. I'm 59 BTW..

You're not kidding there!! I am!

Ditto!!

IIRC, the USPS was profitable and doing fine until about 10 years ago. the situation kind of reminds me of what happened with GM and the UAW. even when things began to decline, they just couldn't lay anyone off. and next thing you know, you have these big deficits, mass layoffs, government bailouts. the sad thing, other than tax payers having to take the hit, is if they could have laid people off earlier, they might have been able to help them get retrained and find other jobs when the economy was still okay. now, all these good people will be out on their own in one of the worst economies in a long time.

I agree to some extent and I've even defended the postal service's existence, just like I'll defend taxes that pay for roads. There are just some services we need to keep a community (in this case, the USA being one big community) operating in a consistent and orderly fashion. If infrastructure were left up to only the private sector then I'd be driving through muddy, pot-hole infested, dirt roads whenever I leave the more affluent districts. As for mail, it's nice to know we have a uniform and consistent means for delivering it, however, it's not run with monopoly money! The private sector is literally forced out of 'letter carrying' and then the tax payer picks up the tab for that. Maybe it's time to let Brown take a stab at it (although I'm curious if they'd rather not since margins would be razor thin no matter which way you look it).

No no, fair enough. This is just a time for many of us where we're a little on edge with bloated union operations that seem to make a conscious effort to contradict the very principles of fiscal responsibility. It's just very bad timing. I still even defend many individual letter carriers because the mail NEVER stops and if they're doing their job like they're supposed to then they essentially must always stick to a deadline, day in and day out.

Bobk, from your inside point of view, what do you think would help USPS get back on its own feet?

Almost 38 yrs? Thanks for your service!

But goodness, when do you qualify for retirement...75? ;)

The USPS will need to adopt a more aggressive cost structure for delivery. The easiest change that can be made is to increase the costs for those who live in rural areas. Some people will think it's unfair but you know.. there has to be some compromises made when you're that secluded from most of the population. Even my strict right-wing parents understand and even suggested this concept, and they're far from any significant population. The people who live two blocks from the USPS sorting center shouldn't subsidize the consumer shipping costs for those who require a 30 mile drive down a road with 6 houses. That, and eventually we need to start consolidating mailboxes. Is it really necessary for a letter carrier (delivery truck) to stop at each individual house when they could more efficiently make one stop for a certain designated area with locked mailboxes? Now this would be difficult and require cooperation through city council measures, but it's a step in the right direction anyway. I know these aren't necessary measures since the USPS was once profitable without them, but hey... I guess I'm out of ideas.

goodness. 2006! i thought it started happening earlier than that. it's crazy that it took just five years for the situation to get so dire.

That´s one of the most serious comments I´ve read about this "issue" from a citizen... I know I would be as pissed also!

Just remembered how cheap shipping is there in US. That´s gotta play at least a part in this mess...

That's how I feel... I hope I'm in the ground before it collapses into a full-fledged police state, and it's most of the way there.

This would get me a perma-ban on CPF...

Wow, this is the first Ive heard about this...granted I live in Canada, not the US, but thats really bad.