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You were nearly on cue, CC
Bull .
Go ahead and explain why.
You were nearly on cue, CC
CC should show examples of where privatizing public goods resulted in better and cheaper, and where PPP do the same.
The U.S. Postal Service reported Wednesday a fiscal 2018 net loss that widened to $3.91 billion from $2.74 billion, as increases in operating expenses outpaced revenue growth. Excluding items outside of management control and non-recurring items, the "controllable" loss widened to $1.95 billion from $814 million. Revenue rose 1.5% to $70.62 billion as a 2.8% decline in first class mail revenue and a 0.7% fall in marketing mail revenue was offset by a 10% rise in shipping and packages revenue. First-class mail volume fell 3.6% to 2.1 billion pieces while package volume increased 6.8% to 394 million pieces. The USPS said the increase in expenses was driven by a $896 million rise in compensation benefits, as part of contractual wage increases, and a $623 million increase in transportation expenses resulting from higher package volume, fuel prices and highway contract rates. "The secular mail volume trends continue largely due to electronic diversion and transaction alternatives," said Postmaster General Megan Brennan. "We are seeking reforms that would allow the organization to reduce costs, grow revenue, compete more effectively, and function with greater flexibility to adapt to the marketplace and to invest in our future."
How does any of the above prevent them from offering additional services that might actually increase their revenue?
Repugs, guaranteed to operate in 100% bad faith, want to destroy the USPS and its union by making it advance-fund its pension fund out to 75 years.
NO other govt or corporation is crippled like that.
Take away the crippling, and USPS is doing alright.
SpaceX hasn't done .
man you are one stupid ing loser. lmao advocating a violent revolution in the U.S. in 2019.
Great intentions for paving the road of progress, but ...
the oligarchy has too much power, will keep USA on the road to .
what's the solution? the ONLY solution? the historical solution?
"Vive la Revolution"
"Aux Barricades, les Enfants de la Patrie"
Nonsense. Then you won't see small rural areas served well by it. The post office was a godsend when I have gone on backpacking trips and needed to pick up food supplies in areas too sparsely populated to be served by a UPS and Fedex affiliated location that would hold packages. But every town has a post office and I'd ship my supplies priority mail noting the date I'd pick it up when shipping and it worked great.
constantly.
"The post office was a godsend .."
so were socialistic projects, like govt hydro damns, national parks, rural electrification, rural telephony, etc.
govt prison and military installations are huge job creators where they are often the only game in town.
*
Last edited by CosmicCowboy; 05-11-2019 at 09:35 AM.
You should answer BB and Spurminator's replies, CC, or were you just here for the lulz?
Unlike a lot of US ins utions, the US Post office is established by the Cons ution. The founders thought it needful, you don't, CC?
The 75 year pension fund is re ed.
What benefit do postal banks offer that credit unions don't already offer?
yet you defend the ty losers who ed their credit in the first place. imo let them get high interest cc's because them! they dug their hole so let em dig it further until one day they might pull their ass out of that hole and learn their lesson.
i was in that situation not long ago and saved til i could pay my card off in full. i was paying on interest monthly and getting nowhere fast so i got rid of some of my spending habits, cancelled services, etc until i could save enough.
Last edited by CosmicCowboy; 05-10-2019 at 02:31 PM.
I don't get the cc cap to be honest. Wouldn't that just result in high risk people not being able to get credit cards?
exactly. Or having to do the bank credit cards where they deposit x dollars with the bank and have x limit on their cards.
Personally, I love my no fee cash back credit cards that I pay every month.
Yep. I get the argument that CC companies may seem like they engage in predatory practices. But imo, it's up to the consumer to make their own decisions. As with cigarettes, booze, whatever.
I don't blame a cc company for offsetting their risk by charging a higher rate to a probable defaulter.
I'm sure that was convenient but do we really need 600,000 employees and 50 billion+ losses in the last 10 years and 160 billion in unfunded pension liabilities to make sure you have convenient backpacking supplies?
Thanks for the links but I don't see anything in here about a postal bank.
Someone else made the point that a credit union does the same thing.
I use a debit card
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