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-   -   Internet & USPS (http://www.collectingbanter.com/showthread.php?t=323566)

Victor Manta February 12th 16 11:26 PM

Internet & USPS
 
Internet was always the bête noir of the USPS because the usage of e-mail
reduced very significantly the mailing of letters.

I learned with satisfaction that: "Helped by a surge of Christmas parcels,
the United States Postal Service reported an operating profit of $1.3
billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015."

Postmaster General Megan Brennan said that : "Christmas and other holiday
greeting card volume dropped by 4.4 percent this fiscal year while packages
surged about 18 percent, ... , crediting the pricing of Postal Service
parcels for the surge."

But Fredric Rolando, president of the National Association of Letter
Carriers, said the good results ... show the impact of an improving economy
and “Internet-driven online shopping,” which boosted parcel growth.

Source:
http://www.linns.com/news/postal-upd...t-quarter.html

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Sir F.A. Rien[_2_] February 13th 16 06:01 PM

Internet & USPS
 
Internet was always the bte noir of the USPS because the usage of e-mail
reduced very significantly the mailing of letters.

I learned with satisfaction that: "Helped by a surge of Christmas parcels,
the United States Postal Service reported an operating profit of $1.3
billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015."


The USPS would be doing much better if the politicians had not
-=required=- 100% PRE-FUNDING of all retirement possibilities and
other 'fees'.

I can not find out where the funds are going, perhaps it's as with
Social Security payments, into some 'general fund' to balance the US
laughable 'Budget'.

Meanwhile, other than package services, FIRST CLASS mail is being
downgraded. You get to pay for service, but it's becoming slower and
slower - it it even arrives!

A typical piece of mail from San Fancisco to Seattle now takes FIVE
DAYS! Sometimes it comes with a 'detour' to Long Island, NY !!!

Victor Manta February 24th 16 02:36 AM

Internet & USPS
 
"Sir F.A. Rien" wrote in message
...


The USPS would be doing much better if the politicians had not
-=required=- 100% PRE-FUNDING of all retirement possibilities and
other 'fees'.


"... American taxpayers subsidize the USPS at a rate that surpasses the
costs associated with any Congressional mandate. He (Robert Shapiro—former
Treasury undersecretary and chairman - VM) estimates that, all told, the
subsidies and legal monopolies that Congress bestows upon the post office is
worth $18 billion annually. ...

The Post Office employs 618,000 people—more than any civilian employer
besides Wal Mart. Given the pay disparities between the Post Office and
private employers, these people would be highly motivated to block any
significant change to the current system.

That said, the benefits the rest of us bestow on the USPS are enormous. None
of this will help you calm down the next time you are waiting on a line that
just won’t move at your local post office."

http://fortune.com/2015/03/27/us-postal-service/

Victor Manta, PWO

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Sir F.A. Rien[_2_] February 24th 16 06:09 PM

Internet & USPS
 
On Tue, 23 Feb 2016 20:36:50 -0500, "Victor Manta"
sharpened a crayon and wrote:

"... American taxpayers subsidize the USPS at a rate that surpasses the
costs associated with any Congressional mandate. He (Robert Shapiroformer
Treasury undersecretary and chairman - VM) estimates that, all told, the
subsidies and legal monopolies that Congress bestows upon the post office is
worth $18 billion annually. ...


Fish food compared to the other subsidies bestowed upon PRIVATE
'enterprise' and miniscule compared to the 'social programs'.

Postal services should be a function of government and not a 'Profit
Centre' !!!

As always, those with an axe to grind, find ways to make partially
true statements. Shapiro, another pollytickle, among them. The fact
is:

"The direct public subsidy for the Postal Service, which came from
tax revenues, was phased out in 1983. USPS does receive indirect
subsidies from tax revenues, however, which reimburse the Postal
Service for the reduced rates it charges to nonprofit organizations
and others."

Those 'reduced rates' are ORDERED by CONGRESS and the presidunce.

More smokescreen of the manipulations coming from the Executive and
Legislature branches.


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