Snail mail

So once again the USPS is bankrupt and demanding billions in additional subsidies to continue. Here are some fun facts about this obsolete organization:

80%  its budget goes for salaries and benefits, compared to 61% UPS, 43% FedEx

$41 per hour average union pay vs. $28 private sector

No layoffs, per contract

31,000 branch offices (more than McDonalds, Walmart and Starbucks combined). 80% of all branches lose money.


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11 responses to “Snail mail

  1. Cos Cobber

    Obviously its time to slash the Post Office. Start by closing 50% of the offices and ending saturday delivery.

    But like all things in this country, once its created by the government, its impossible to tame.

    here’s a seinfeld classic.

  2. Reader

    Snail mail is going the way of the buggy whip. I read my magazines on line. I receive my bills on line. Party invites come by Evite, Xmas cards are on line, and college admission and rejection letters are on line. The only things that I eagerly await in the mail box are Netflix dvds, but even they are going streaming. Raising stamp prices only makes snail mail less attractive.

    The Post Office needs a massive restructuring. It will be an interesting test of whether the public sector can adjust to a new reality. I bet they will ask the taxpayers to continue to bail them out.

  3. Georgie in Greenwich

    What great ideas are out there to convert those USPS branches into some other useful purpose?

  4. Pinzgauer

    Where can I sign up?

  5. gone fishing

    try to find any branch manager around on a friday….try to find anyone accountable for mis delivered mail…try to find anyone there who cares…and obama says we have the best civil servants in the world….try to find anything worthwhile with govt…become a rebel leader.

  6. Walt

    Dudester –
    The Post Office has been on my radar screen since before you reached puberty. You have reached puberty, right? It is the perfect example of why the government is inept.
    Some of the issue. Firstly, the post office does not want to deploy technology, as it will displace too many minority workers. The post office is the biggest employer of minorities after the military. The government should not get involved in this, but they do. Why? Unemploy these folks, and let them retool – you tool – and get a job that serves a purpose. You should think about that as well!!
    The Federal Government should only protect us, and our borders. The rest is up to the states. So EPA, DOI, Dept of Ed, and many more, say goodbye. We are a nation founded on individual rights and freedom, not Big Brother. Which is where we are.
    Thirdly, no one needs mail more than three times a week. We get it six times. Cut it to three and get 60% savings!! I don’t check my mail every day, and only read it twice a month, even when it is mail porn from Steph.

    Big government really is choking the life out of this society. It goes against all that made us great. It really does. Is this why we fought the Brit’s in WWII? Is this why Thomas Jefferson fought the Civil War??? I thinks not.
    Anyhows, You up for Pilates at Tods Point tomorrow morning? I don’t know what Pilates is, but I hear they are all the rage. See you there at sunrise. Wear a pink sweatband and a feather so I know it’s you!!
    Your Pal,

  7. dogwalker

    It’s mandate (for better or worse) is to cover every address in the U.S. I believe the others still do not (though my info may be outdated; I really haven’t kept up). But, admittedly, that certainly does not excuse all the deficiencies.

  8. Mr. Independent

    Problem is the Post Office is one of the small number of functions reserved for the federal government in the Constitution. The Founding Fathers, with all of their wisdom, did not foresee “For What It’s Worth” or its Fedex cousin.

  9. Greenwich Gal

    It is no wonder the Greenwich Ave. P.O. closed. I have never seen such incompetence in my life – and with an attitude!

  10. Tom Foolery

    Another great article about this in Business Week.

  11. Hey!

    80% of its budget goes for salaries and benefits, compared to 61% UPS, 43% FedEx

    can you guess which TWO are union?