Not where I live. Its a deep blue area and she has big bucks behind her. The local level is even worse.
Dear God - save me from these naive liberal dolts.
Exactly what I was telling you earlier. You've got one clown in here claiming that the post office doesn't receive any taxpayer money (I guess all the billions it's gotten from the treasury doesn't count as taxpayer money), and another arguing the latest is just a "projection".Do you see what I mean??
The post office is not funded by the tax payers. The money it received from the treasury is considered a loan and there is a legal cap to the amount they can borrow. If the Post Office was a private company, it would have issued bonds or borrowed from a bank. The point is that that money goes back to the gov't, it didn't simply disappear in a puff of smoke.And, yes, I do believe USPS' recovery is inevitable and tied to the economy. Take the problems Verizon has with its landline division that don't extend to its wireless or broadband divisions- in this day and age, snail mail utilization and landlines are considered luxuries for some. I could go on and on and on, but you either get it or you don't .
simply b/c its considered a loan doesnt mean its not tax payer money...more likely al the USPS would be out of business if it was a private company guess why its not?...tax payer money
The money the po has borrowed thus far is significantly less than any of the bailout packages any corps received from the federal gov't over the past two years. Their revenue still far outstripped their shortfalls, so if they were a private company they would have had no problem raising capital from a private source. It's not unusual for large private or publicly held companies to operate in the red.
LOL you operate in the red long enough as a private company guess what happens?how long has the post office been in the red?what does the bail outs have to do with the post office? the point is they operate in the red require money and get it from tax payers...not many ppl were in favor of the bailouts myself included why do you think wed be ok with the post office getting money?the post office doesnt generate enough money to cover its costs...thats why its in the red....
Business can operate at a loss for a while. My point about the bailouts was just to highlight the USPS losses compared to other companies. I think they can't legally carry a debt of more than 10 or 20 billion- a lot of money, but still if they were private they would have been able to generate that capital through other means. The post office has been historically profitable.
LOL the companies that got bail outs have been historically profitable as well...that it doesnt matter The USPS would be out of business right now if it were a private company, you keep saying that it could raise money and I agree that it would have options but those options are contingent on ppl being willing to invest in the company...not many would
Of course... which is the only way it works. Call me a socialist if you want, but a private company could never have served EVERYONE at such competitive rates. A lot of the reason FedEx and UPS don't have to deal with USPS problems is because they are so much smaller.
I send overnight packages at the local UPS for $7.65 whereas the USPO charges me $15 for the same service. Good try though.
And many of the companies that have received bailouts have returned them... which is my point And there would have been a few people willing to invest in USPS were it private.
LMAO the problem is AL that the companies that got bail outs were in that situation b/c of bad investments...the USPS is in the situation its in b/c of a BAD BUSINESS MODEL!!!!!!!!!!not bad investments but b/c it CANNOT COMPETE!!!!!!!!!thats the difference, its ignorant to think any different...and no not many ppl would invest in the bad business model of the USPS
There is nothing inherently bad about the USPS business model- especially since it's a necessary service. Maybe 33386 would rather pay $15 to send a letter, but most people wouldn't. The USPS is like 200 years old. It's going to have financial difficulties. It's fortunes are tied to the economy. It had a record year near the turn of the century when the country was doing well, and it basically predicted the recession.
LMAO its business model is not geared toward todays society and technology...when was the last time you sent a letter? ppl dont communicate the same way today as the turn of the century the post office has been in the red for how long now? its not tied to the economy as its been going downhill for a long time now even when the economy was good...
Other than getting checks and sending some stuff, its mostly junk mail. court filings now can be done by e-filing, most of my work is over the internet and fax now.
They also have a monopoly remember?
It is tied to the economy. It actually was having record profits near the turn of the century. My firm has a business account with USPS and FedEx and we send mail on a daily basis. I"ve addressed the fact that mail is not the vital lifeline it once was in previous posts. It is still necessary for a lot of people and, like all business, it must adapt.
