The USPS does not receive any direct funding from the government. In others words your tax dollars do not go to the post office. One the primary causes of their losses is the legislation passed by Congress requiring USPS to prefund future retirees health care costs. USPS has to fund these costs for employees they have not even hired. They are forced to pay $6.5 Billion a year to satisfy this requirement. Another problem is the incredibly large & inept management structure. A present ratio of 1 supervisor to 8 employees. The average private company ratio would be more like 1 supervisor to 30 employees. Career advancement is not based on management skills but rather on who you know. As each supervisor moves upward they bring people with them that are not a threat to their job but that just blindly follow the bosses poor policies. Another problem is the universal service mandate. USPS must provide service to every area of the country. FEDEX & UPS stick to the heavily populated areas where it is possible to make money. If fact both companies have an agreement with USPS where they leave packages at local post offices to be delivered by USPS. Forty years ago the majority of the workers at USPS were veterans and most worked hard. Today, only a small percentage of veterans and the rest look like the UN and work just enough to get by with a attitude of "the world owes me" My opinion is that USPS will ultimately be sold by the US government after the universal service mandate is dropped.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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