It has a broken business model because it's not a business. It's a service. When was the last time the Department of Transportation, Department of Education, or Department of Veterans Affairs was asked to turn a profit or even be "self-sustaining"?
Bingo! So true. What other Company/Agency plans for Future Expenses instead of "looking for funds at the last minute? Congress? Senate? Here s the Only entity that really try to keep customer costs in place!
@@Theactualstoic You realize that the Post Office gets to determine how much other carriers MUST charge to deliver letters, right? What a load of bullocks. So any business that is loses money ever isn't a business? Guess I learned something new today!
Business model? It’s not a business. It’s a public service. It just needs to break even. Part of that issue is pre-funding obligations 75 years in advance. Who else does Congress require to do that? Nobody.
If you got rid of the post office. It'd destroy a big part of the middle class. It isnt the workers fault for how it is ran. It can be fixed and needs to evolve.
If the Postal Service is in a financial black hole, the Department of Defense is a supermassive black hole losing hundred of billions of dollars per year.
@@MrYoung11 In general you get a way more massive return on defense funding than the postal service. The tech development and skills development that come out of the defense industry tend to drive a lot of GDP growth in the future whereas the postal service would not
How can you start with “the USPS loses billions a year” and not in the same breath also mention that Congress required them to cover the pensions of future retired workers for 75 years ahead of time?
I saw this funny comment on a headline that said "USPS loses x billion dollars every year", someone was like "It's a service, you don't see a headline that says 'US Army Loses x billion dollars every year'"
Gwai Wohng yeah, while offering abysmal working conditions, extreme inequality and no financial security for workers. Is that your utopia of a society?
The post office is not a business. Government agencies are designed for the public good and not to generate profits. Public transportation is subsidized as well as entire states. Even for profit entities like airlines are subsidized by taxpayers. We have the best mail system in the world for a reason.
Best mail system? USPS routinely loses my packages and letters. UPS and Fedex have never lost any of my packages (I am a heavy user of both). USPS's customer service is nonexistent. USPS should die. It is utterly useless.
@@pavelimani Screw UPS. I dont use them as I never know when the hell they show up and Im not going to wait all damm day for them to show only to have to drive to pick it up my self. The USPS also supports small business as contractors.
There are several agencies that self fund like the FCC. What we want is the best the postal service. That means it has to transform the way it operates, and treating it like a business tends to provide better results. There are certain sectors we have funded publicly, but don't allow change and their results flounder while costing more. Take for instance public education that just came out of a decade of failure. It wasn't until private companies entered the market of education that they finally improved like for poor black kids in cities.
The postal service is labeled a “public service” and is labeled as such like the police force, firefighters, corrections etc. it is a government entity for the people and it is written in the constitution for that purpose so that citizens could have access to mailing across the US. It has been looked at as a private entity because leaders have forgotten it is an American right due to its constitutional origin. Due to this such a service just needs to break even to be honest. Even if it does not this does not matter. People just can’t sink in the idea that it’s not meant to be profitable but deliver service to the American people at every address as a constitutional right of service almost like a perk. The Government set restrictions as if it was completely a non profit government entity but expects it to run privately. That’s the biggest problem and why it’s NOT profitable IF profit is what you’re looking at.
The postal clause of the constitution merely grants congress the right to establish a post office and it's routes. It does not make the service a constitutionally guaranteed right. It would be a bit tedious to explain constitutional law to you and explain exactly what this postal clause means and why it was necessary but in summary, unless a power is specifically in the constitution granted to the federal government then it's a power of the states, so the federal government cannot establish any post offices without the constitution granting it this authority. This includes things like seizing land for the postal purposes, with compensation of course, much like forced purchases made for infrastructure like new or wider roads. Also the postal clause only means postal service "can" be established not "shall be" established, meaning it's not a guarantee. Congress can completely shut down the postal service should they vote on doing so.
The government should pay for the majority of it and don't they realize that all government money comes from taxes we pay, it's crazy, I am okay with my taxes being used for the postal service.
@@yuridavila6095 if you look at the postal infrastructure and how the government controls it then you would get a better understanding that it is a guaranteed right through past time and present interest. They have EVERY single address recorded like it or not. They USE that info and it is sold off. Ever wonder if you got mail for something or someone you never knew about or ever had contact with. It’s guaranteed in the sense that the information of every address is there and it will be used for personal, business or government use. Gotta look past face value in written law and see how deep the routes go between government and the post office. I understand the law for the post office but like anything else it’s about the use not so much of what is written, thousands of examples of written laws that are not taken literally but bent to other parties favor. The reality is that every address is guaranteed service by usps
Somebody has to foot the bill. Taxpayers are tired of the Democrats 70% tax idea. USPS is poster child for government waste and inefficiency of taxpayer dollars. Meanwhile, UPS, DHL and FedEx have no problem making a profit.
Because when they didn't run it like a business it was a blank check that wasn't taking care of its obligations. Did you not watch the video? They weren't funding their pension obligations and just passing that massive bill onto the taxpayers to figure out. They mismanaged themselves and needed to stop.
@@j.lizbardo Is there any typo or grammar error in it? Because I can't see it. If you mean the content of what he said, well, that is nothing radical. If is the post office as a public service (just like policing and public schools), than it is not even meant to be profitable, it is meant to service all. Most people are not calling for privatizing policing because it is not profitable.
USPS is in our constitution. It is our right and necessary. DEJOY is trying to destroy it. If they need to raise first class mail rates they should do that but keep 📫 working.
The thumbnail title for this video is: "The Post Office's Broken Business Model." That's like making a video titled "Your local library's broken business model" or "The broken business model of the roads and highways we all pay for."
@Master Chief The USPS is required to fun pensions for people who are not even working for them yet. And cannot raise prices to stay competitive. The USPS doesn’t work because the US has bound and gagged it, and then called up to its boss to report it missing from work.
Rather disappointed that they failed to mention why the USPS has these looming obligations and the severe restrictions that have been placed on them. The USPS is the only company, by law, to Pre-fund the retirement health benefits to the year 2056 leading to over 5 billion in payments as included in the Congressional bill: H.R. 6407 (109th): Postal Accountability and Enhancement Act. This requirement, in addition to the restrictions on the sources of revenue USPS can pursue to the limitations of eliminating unprofitable delivery routes, regulated a once profitable company to be in the red. Privatization wont work and isnt the answer. Dont even get me started with Louis Dejoy...
Sure but lets get rid of the government granted monopoly on first class mail and then you can talk about how profitable the post office was. Do you even know what happened to Lysander Spooner?
@@dutchbakery2195 Lower delivery prices, customers benefit. It's not like all the other countries which don't have a government mail monopoly suddenly collapsed. And why is the Postal Service a good thing in and of itself? Is the Postal Service your God or something?
@@dutchbakery2195 Are you dense? It's cheaper because that's the law. Do you have a low double digit IQ? Oh somehow something is a public service in one country and HAS to be that way, but isn't in other countries. Got it, great logic. If FedEx or UPS charged low prices for letters they would get put put of business by the official mafia like what happened to Lysander Spooner.
The retirement pre-funding requirement is unlike any business. Any fair comparison would require FedEx, UPS, and others to do the same, as well as requiring them to also deliver to every US address like the USPS. Fix the pre-funding mistake and add community banking and the USPS will be fine. Privatization would be a crime.
The economy was best when the middle class was making livable wages because unions were strong. There’s also nothing wrong with defined benefit plans. What’s wrong is expecting the USPS to prefund so many years ahead beyond anything reasonable. Unions are not the problem, Congress is.
It is disingenuous at best to suggest the unions are in any way responsible for the insane pre-funding law to begin with (they were not), and the postal workers union still opposes it. apwu.org/news/urgent-weve-reached-house-now-lets-take-senate
It doesn’t matter what FDR said; he was incorrect in this case. Anyway, appeal to authority is a logical fallacy. And name calling? The last resort of those with weak arguments. The truth is the intent was to use the money to cover the deficit, which is hardly beneficial to the postal workers in the short run. The postal service is funded by postage, but if the federal government borrows money it costs taxpayers. So this whole scheme is just irresponsible nonsense and it’s time to get rid of the ridiculous requirement to pre-fund an unreasonable number of years into the future.
Dam y’all really hate your mailman/woman. The post office is essential to many Americans. Keep in mind that just because you live in a city and are computer savvy, doesn’t mean that everyone else is. There are a lot of folks who depend on having their mail delivered. Also they provide jobs
@@utterbullspit No, the Constitution gives congress the power to establish a post office, not the requirement to. You have a very poor understanding of English and the Constitution if you believe otherwise.
I have to say: The USPS is beloved outside the US also! All my packages come to Brazil through the USPS. I have purchased old computer monitors for the 8 bit Apple computers, all with the old glass CRT, and all of them arrived in perfect condition. I thank the USPS and the the Brazilian counterpart, the EBCT aka Correios do Brasil. Both are being attacked, btw.
Same from Canada. UPS and FedEX have overage charges to us from as short a distance as 20 miles form the seller to the buyer. Why would I pay much more in shipping than the value of the piece of plastic that could have been sent via post office at 0.1KG?
The Constitution does NOT say anything about providing universal mail service or even service at all. The postal clause in Article 1, Section 8 simply states that Congress has the power to establish post offices, but it doesn't have to. Through most of America's history, there were post offices in cities or populated areas but private carriers picked up mail and delivered it to the folks living way out in the boonies. The USPS should not exist; government has no obligation to guarantee mail service and the private sector does a better job of it anyway.
THE [clap] POST [clap] OFFICE [clap] ISN'T [clap] A BUSINESS [clap]. Even in the description it says "IF the USPS was a private business", the IF is necessary because it's NOT a private business, it's a public service, and the American people rely on it.
When has the military turned a profit? The forestry SERVICE, internal revenue SERVICE, the FBI, AFT,FCC,FAA ,secret SERVICE, ect. None of which are in the constitution.
Ever heard of email? I don’t understand your first sentence or two because of all the “claps” you wrote, but there is no point to the USPS. FedEx and UPS deliver packages and make a profit because they innovate and cut costs. The horror that someone can’t get their social security check in the mail by USPS! It’s not like FedEx or UPS can do it, let alone just sending it online...
It’s not a BUSINESS!! It’s a damn service we need. They need quit spending billions bailing out the cruise industry and airline industry!! Those are businesses. That’s their job. What if the post office was gone??
Why doesn’t the post office just charge a $1 per stamp I don’t get why it hasn’t happen. There legit isn’t a market. They are the only ones. Does the government have regulations or control over them upping the price of stamps?
People need to stop pretending that USPS is a business. It's a Government agency, which is meant to provide a service for the country's citizens. USPS != FedEx or UPS. USPS shouldn't be making money on citizens. Running at "a loss" shouldn't be a problem. The benefits of USPS are beyond raising money. How much money does the Department of Homeland Security make the United States every year?
the post office is NOT a business. It is a government institution that predates the constitution and 1 of the only institutions purposefully and specifically set up in the constitution. A necessity that is not supposed to make a profit
@@bftjoe From the not O.E.D. - Service: a facility supplying some public demand (E.G. bus service). Businesses are in business to make money and often to increase shareholders value. If you cannot understand the difference there is little you'll learn in the UA-cam comment section.
@@aterfelis4708 Oh so FedEx and UPS provide a physical product? Got it, genius. Which definition of service did you cherry pick? Because that's not even the first, second, or third definition of service.
@@bftjoe I never said that there has to be a physical product, that was your addition. You are conflating the exchange of currency for goods or services and a business, which is typically a corporate entity who's primary goal is to increase corporate and shareholder value. From the web - Definition of service (Entry 1 of 5) 1a : the occupation or function of serving in active service b : employment as a servant entered his service 2a : the work performed by one that serves good service b : help, use, benefit glad to be of service c : contribution to the welfare of others d : disposal for use I'm entirely at your service 3a : a form followed in worship or in a religious ceremony the burial service b : a meeting for worship -often used in pluralheld evening services 4 : the act of serving: such as a : a helpful act did him a service b : useful labor that does not produce a tangible commodity -usually used in pluralcharge for professional services c : serve 5 : a set of articles for a particular use a silver tea service 6a : an administrative division (as of a government or business) the consular service b : one of a nation's military forces (such as the army or navy) 7a : a facility supplying some public demand telephone service bus service b : a facility providing maintenance and repair television service 8 : the materials (such as spun yarn, small lines, or canvas) used for serving a rope 9 : the act of bringing a legal writ, process, or summons to notice as prescribed by law 10 : the act of a male animal copulating with a female animal 11 : a branch of a hospital medical staff devoted to a particular specialty obstetrical service I picked 7, but if there's one you like more please feel free to point it out.
The postal service is labeled a “public service” and is labeled as such like the police force, firefighters, corrections etc. it is a government entity for the people and it is written in the constitution for that purpose so that citizens could have access to mailing across the US. It has been looked at as a private entity because leaders have forgotten it is an American right due to its constitutional origin. Due to this such a service just needs to break even to be honest. Even if it does not this does not matter. People just can sink in the idea that it’s not meant to be profitable but deliver service to the American people at every address as a constitutional right of service almost like a perk. The Government set restrictions as if it was completely a non profit government entity but expects it to run privately. That’s the biggest problem.
The American Enterprise Institute is not a neutral source and thus should not have been invited to talk on this video without also inviting a progressive to counter AEI's talking points.
@@KevinSmith-qi5yn , No, I would call her a genuinely neutral commentator. As a result, the political balance of the video was still tipped in favor of the right wingnut, free market capitalist narrative. To balance things out they should have also invited someone like Thom Hartmann or Robert Reich to speak.
@@Glenintheden When I read up on her, she doesn't seem neutral. It also doesn't make sense to bring in the same people over and over again. They may not have researched the subject as thoroughly. She is much more a specialist.
The US military doesn’t turn a profit, but it gets the job done. The USPS should be looked at the same way. Besides, thousands of veterans work for the USPS.
Aunt serves as a postal delivery woman for almost 30 years. Grateful for her services and counting what she has to go through during her service (being mauled by dogs, broken legs, irascible receivers just among the few) she deserves all the perks she gets. She retired last year.
people think postal workers got it made . I have been making friends with all my carriers in my neighborhood for years. They actually look out for me. . It is a hard thankless job. i have walked with some of them while they make their rounds. It is a shame how some of the people they deliver to give them flak for taking a short cut thru their yards or if somehow a mistake was made and they received some one eltses mail.
I like seeing all the positive post. The USPS is a service and not a business. It should not be privatized... In the last decade we all seen what happens to "too big to fail" private business. We the tax payer foots the bill, the CEO and board members make $$millions, the workers gets laid off, and we still won't get services... The the US government should also get into air travel. WHY are we subsidizing private airlines?
Remove the requirement for USPS to fund employee healthcare costs for people who are not even employees yet. No other business has to do this. Allow USPS to set prices without the politicians. Allow USPS to provide simple banking services to the millions of unbanked or underbanked Americans. Guess what? You would have a successful business... If we are even going to compare it against a business.
In Canada we switched away from door to door and have pick up super boxes. There was an outcry but now it’s accepted. It saved a lot of money and a good reason to take a walk.
It's also seeing a staggering amount of turnover and retirements. You have an older generation of workers retiring and not enough people to fill holes. This leads to an abundance of workers left to pick up the slack meaning many are working 10 to 14 hours 6 days in a row. This then leads to further turnover because the employees are burnt out.
Postal Accountability And Enhancement Act mandates the postal service to pre-fund retirees' health benefits up to the year 2056 estimated at $55 billion. But contrary to what we believe, bankruptcy and privatization wasn't the main motive. All that money is available for Congress to use as it pleases since PAEA made it a part of federal budget. Bush administration demanded this specifically to be part of the bill. You see Postal service has never been tax funded. Its always been a self funded entity independent from the federal budget. But that changed with PAEA. Just like social security, that money is being raided. What's left is a bunch of IOU's. This results in more federal debt because all that money has to be paid back.
It's not a "broken business model," because it shouldn't be a business in the first place. Turning government services into businesses is idiotic and always goes wrong.
The language "broken business model" in no wise implies that the USPS itself is a business. But rather the words "broken business model" most likely apply to the fact that, whether the USPS is a business in its own right, nevertheless it CONDUCTS business. As in, the USPS is in the business of shipping letters and parcels. Its business is the delivery of items from one point to another, and it is the WAY it conducts this business that is under scrutiny. You don't have to BE a business, to be in the business of achieving a goal or ends. For example, soup kitchens are in the business of feeding the hungry and homeless. That doesn't mean they're a business. Also one could say "It's none of your business." Nobody considers the mafia a legitimate business in any legal sense. They do not hold a business license, they do not have a business tax status and do not enjoy the legal protections normally afforded to businesses. But if you're IN the mafia, and you get whacked, what's the last thing they tell you? "It's not personal. It's business." You see, the word business has multivalent meanings depending upon the context.
The provision that it must set aside enough money to cover the pensions of it's employees for the next 75 years, covering people not even hired yet took a profitable organisation to not making a profit for the soul purpose of dismantling it based on profitability so they could pocket the money! Get your facts straight.
In addition to prescriptions, elderly people who are not computer or phone savvy may still pay their bills via the mail. So it is important to save the USPS
If you want to lay blame for USPS having difficulty with its budget, consider this: until President Reagan tried to turn the USPS into a cash cow, but insisting that no longer be self-supporting / self-sufficient. Instead, whatever the USPS generated in revenue would go into the general gov't coffers, and whatever funds the USPS spent would come out of a budget granted to them out of that general fund by congress. Consequently, the USPS suddenly became stagnant in the 90s while other postal services were either being modernized (with generally good outcomes) or privatized (with disastrous outcomes) ours couldn't afford new machinery so while the USPS finally now offers decent internet-enabled services and has (had, until Trump's toadie gutted it) modernized mail processing equipment, we are twenty years behind some other postal services and certainly behind commercial carriers. Remember, some folks in congress don't think the government should provide you with ANY services in return for your taxes -- except for the opportunity to die for your country inside a breathtakingly expensive tin can.
CNBC did not do a thorough research into the USPS model. In the early- or mid- 1900s, the USPS used to be involved in community banking. However, our federal politicians (with banking lobbying) eliminated the practice due to concerns about unfair competition. HBO’s John Oliver’s show featured it last year (if I am correct) and the reason why it needs to be brought as an entry for low-income and unbankable. Also, the idea of the USPS revisiting this concept was floating around by Bernie Sanders. However, there has been little traction on giving the USPS this option back. CNBC and it surprisingly none of the speakers did not mention this fact. The USPS model is no different than Amtrak where it is a quasi-government entity expected to be self-sufficient. However, there are too many guardrails from lobbyists, competition, and even some politicians to operate in a way that provides a viable service that is self sufficient.
Congress passed laws prohibiting it from selling any goods. Then passed laws forcing it to prepay 75 years of pensions. Then forced it to disassemble post sorting machines, then they wonder "why is the post office losing money?"
My advice to anyone sending important documents; do NOT under any circumstances use the U.S. Postal Service. My past experiences when dealing with them have convinced me that they are incompetent. Therefore, I use DHL. It's more expensive but they get the job done.
Since he doesn’t pay taxes, why should he care? In fact, he is not qualified to comment until he pay taxes. I don’t mind to use the govt to use my taxes to revamp the infrastructure of postal office to become more competitive.
@@kentmorton2872 You should use more reliable source than anonymous source from nyt with no physical evidence available. Also remember when Rachel Maddow illegally obtained his taxes from 2005?
@@seancasity7538 I really don't care how they were obtained. Sean can you tell me why a innocent man is trying to hide his taxes from the people that he works for so vehemently? I don't have to get burned to know that fire is hot.
@@kentmorton2872 If he had anything to hide the IRS would be flocking to him like flies to a hot cake. Also there's a difference between personal taxes and federal.
A long time ago the Post Office received more mail than it could sort and deliver in its' one day requirement. They began to give business and governments a discount to 'pre-sort' the mail before it was received at the P.O. This was a substantial savings for the pre-sorters. Now that volume is way down and sorting machines are being retired, that big discount continues. Why?? On a different note, why do homes need six day delivery ? The only first class mail most people receive is bills and statements of account. Congress mandated recently that six day delivery must continue. If congress wants the P.O. to spend huge amounts on service that in not necessary then congress should pay for it.
There are plenty of USPS workers that do a fine job on a daily basis. Unfortunately, there are MANY more, that do not. When union workers have zero supervision and feel like they don't need to work, they simply will not. When the supervision has the same mind set as its core workers, its a recipe for failure. The cost of an hourly employee who has cruised through his/her entire career with the USPS is making north of $30.00 p/h with a healthy pension. It's simply too much money for the amount of work they provide. I'm not a fan of automation and replacing human jobs but when it comes to the USPS its debatable. The inefficiency of the USPS is in plain view on all levels. Its obvious that a lethargic, old and uninspired team of leaders running the ship, have no idea how to steer it.
🔥🔥 🎓🎓Picture this: you job transfer from one location to another. You are new to the employees at this location, however you are not new to the job. While at this new location and during the course of your duties, you are solicited by a male supervisor whom you are not particularly interested in dating. You state clearly your disinterest to this supervisor, who responds by sexually harassing you. After making the harassment known to your co-workers, this supervisor only INCREASES his level of sexual harassment to the point that your own co-workers are strongly advising you to file an EEO. Having never filed an EEO in your career, you naturally rely on those who you would think would know or can at least assist you with knowledge of the process......your union official, shop steward. After approaching your shop steward, stating the issue, and receiving assurance that "we will get to the bottom of this" and "we all need to stick together" and other such notable words of encouragement, how would you feel at this point? Imagine, if you will, your shop steward telling you that a meeting is being set up between you, the union official, and the supervisor, in order to conduct your "EEO". Picture being in a room with these two individuals and the supervisors starts sexually harassing you right in front of your Union Official......the SAME EXACT manner and way as when the supervisor was harassing you on the work room floor in front of your co-workers. You look towards your shop steward to do his job and "get to the bottom of it". Instead YOUR Union Official is looking down at the floor, GRINNING AND SMIRKING and not saying a word. After the meeting you find out it was all a setup to "shut you up" and "show you who is in charge". You also discover the supervisor is WELL-KNOWN for sexually harassing female employees and the Union Official is the same way............by this point that fact is quite obvious! SUNCOAST DISTRICT/ Tampa, Florida Department Of Justice, Inspector General, Office Of Special Counsel. I see you ARE paying attention. So there seems to be more of a handle on the “Hiring Practices”. Of course we see how far skewed it has become. That was the immediate issue. Now to address the NEPOTISM, CRONYISM, and RACISM in this installation. No need to insult you with the well-documented effects of these 3 “ISM’S”. The supporters of the Nepotism will say “we need the Family Members to combat the Racists in this Organization”. The Cronies will fall in line to whomever “seems” to be offering them what the think they want. The Cronies will then call in “return favors” for their Allegiance. The Racists will use whomever they can for as long as they can. The “CULTURE’’, as your boss Mr William Barr so eloquently stated in his testimony to Congress, of THIS INSTALLATION is one of extreme Nepotism. Extreme to the point that even the “clean” family members agree that there are far too many “dirty” family members employed in this Organization. We are far, far past a person having their Father, Mother, and 2 Offsprings working here. We are now into Father, Mother, 3 Offsprings, 2 First Cousins, 1 Second Cousin and 1 or 2 or more Grandchildren! Reportedly, we have a family with over 100 Family Members spread throughout this Suncoast District. The "dirty" family members will openly declare "well, you have to get rid of all these other family members before you can touch us". I do not need to inform you, with all your vast collective experience in these matters of the issues and problems that arise in this type of environment. I would be remiss in my duty if I DID NOT inform you that Veterans of the United States Military employed here will only tolerate a finite level of abuse. This is what these Family Members and Cronies are failing to understand. I strongly urge you to take another VERY CLOSE look at the Paperwork originating from this District concerning these “alleged” abuses. I predict that if you three Organizations that are tasked with resolving these issues and performing as Watchdogs to these grievious miscarriages of Justice, along with our elected Representatives fail to get this under control, MEMBERS AND OFFICIALS OF THIS ORGANIZATION WILL BE SUBPEONED TO APPEAR BEFORE CONGRESS TO ANSWER QUESTIONS ABOUT THE FAILURE TO PROPERLY ADDRESS AND RESOLVE THESE WELL-REPORTED MATTERS. I thank you for your time and attention concerning this subject. Department Of Justice, Inspector General, Office Of Special Counsel. I see you ARE paying attention. So there seems to be more of a handle on the “Hiring Practices”. Of course we see how far skewed it has become. That was the immediate issue. Now to address the NEPOTISM, CRONYISM, and RACISM in this installation. No need to insult you with the well-documented effects of these 3 “ISM’S”. The supporters of the Nepotism will say “we need the Family Members to combat the Racists in this Organization”. The Cronies will fall in line to whomever “seems” to be offering them what the think they want. The Cronies will then call in “return favors” for their Allegiance. The Racists will use whomever they can for as long as they can. The “CULTURE’’, as your boss Mr William Barr so eloquently stated in his testimony to Congress, of THIS INSTALLATION is one of extreme Nepotism. Extreme to the point that even the “clean” family members agree that there are far too many “dirty” family members employed in this Organization. We are far, far past a person having their Father, Mother, and 2 Offsprings working here. We are now into Father, Mother, 3 Offsprings, 2 First Cousins, 1 Second Cousin and 1 or 2 or more Grandchildren! Reportedly, we have a family with over 100 Family Members spread throughout this Suncoast District. The "dirty" family members will openly declare "well, you have to get rid of all these other family members before you can touch us". I do not need to inform you, with all your vast collective experience in these matters of the issues and problems that arise in this type of environment. I would be remiss in my duty if I DID NOT inform you that Veterans of the United States Military employed here will only tolerate a finite level of abuse. This is what these Family Members and Cronies are failing to understand. I strongly urge you to take another VERY CLOSE look at the Paperwork originating from this District concerning these “alleged” abuses. I predict that if you three Organizations that are tasked with resolving these issues and performing as Watchdogs to these grievious miscarriages of Justice, along with our elected Representatives fail to get this under control, MEMBERS AND OFFICIALS OF THIS ORGANIZATION WILL BE SUBPEONED TO APPEAR BEFORE CONGRESS TO ANSWER QUESTIONS ABOUT THE FAILURE TO PROPERLY ADDRESS AND RESOLVE THESE WELL-REPORTED MATTERS. I thank you for your time and attention concerning this subject. MANAGERS handing out Official Postal Documents describing how Nepotism is “frowned upon” in the Postal Service. The very same Managers have their Mother, Father, Son, Daughter, Niece, Nephew, 3rd Cousin removed on their In-Laws side all working for the Postal Service and ALL in the SAME BUILDING. 🎓🎓 🔥🔥
Political: relating to the government or the public affairs of a country. Masks being mandated by the government. POLITICAL. Post office is a government entity. POLITICAL. Literally anything involving the government, involving laws and law enforcement, is POLITICAL. Any system that governs a society. POLITICAL. When your math teacher assigns homework every week. POLITICAL. He or she is the system governing the society in your math class. You can lobby him or her to reduce the amount, give waivers, or make exceptions. You have officially entered into POLITICS.
This type of work would be perfect for electric cars because they would save money from cheaper “fuel” and electric cars run perfect in stop and go traffic which extends the range so you get “free fuel” and with the money they save they could make it cheaper to mail things Another thing is that it would help the environment especially because there are so many mail cars/trucks
@@puzzleluvr This makes a lot of sense until you realize it would cost more to purchase an electric vehicle vs a gas vehicle plus 20 years of fuel. Electric vehicles are just not to that scale of production yet to the point where they are economical.
@@Georgeqaws this is not true because with the amount of money you spend on fuel versus electric the car would eventually pay for it self For example my sister used to drive an 70 miles every day for two years an electric car however you would have saved 10000 dollars in the same amount of time driving the same amount of miles
I am a truck driver. I pick up and deliver regularly in USPS distribution centers. It never surprises me how disorganized, slow, inefficient USPS is. You have employees walking around not working or usually busy with their cell phones. The paperwork often gets lost trailers are assigned to different companies or don’t get loaded on time. A lot of delays caused by not working accurately. The amount of waist in time, personnel, resources is mind boggling. When you walk in their facilities, you often see mail dropped on the floor every body walks by and look but nobody picks it up. I think that is someone’s mail. Facilities are very dirty. One will argue, that is the reason why we should pay more from taxpayers money. If you do that they will continue throwing and wasting your money. They already receive an insane amount of money from everyone’s tax money. You don’t go to a restaurant and pay $50 for just a hamburger while you could have bought the same hamburger for $4. Yes post office is that $50 hamburger. Give it to Amazon and that same hamburger will cost you (taxpayer) just $4 with better taste and faster preparation time.
It's a service to the people, other than paying for shipping and stamps our taxes should pay the rest It's for us (US) regardless of what we have coming in the mail.
It would really help the post office if they could partner with banks and serve as an access point for depositing and withdrawing money. Obviously, legal changes would have to be made, but a smart government would make those changes rather than privatise or remove the postal service.
SOLUTION ONE: legalize weed (it's already legal under 14th Amendment's Equal Protection Clause but the govt and press ALWAYS LIE for politics) and have ONLY GOVT sell it, and USPS delivers. PROBLEM SOLVED.
As an Amateur Radio Operator, I trusted the postal service. Lately, I hear them saying "due to lower business we will have to raise rates,and limit deliveries"........no truer words were ever spoken by a business that has plans to go under. However, I HAVE received MORE deliveries including weekends that ever before in 70 years. Sounds like some of the ruling class made a sweetheart deal with AMAZON but they didn't mention it to management or the unions. Adios USPS , your guys on top screwed you, not US !!!
EXACTLY! The U.S. Military has never turned a profit (or ever stopped an invasion of U.S.home soil) Why is the USPS supposed to? If you want a company to take a letter across the country - Fed Ex will charge $15-30 dollars!
It has elements of both a business and a government agency, as explained in the video. Are you deaf? Is your business exempted from property taxes and required to keep the same price for all areas and have a legal monopoly in certain areas?
@@bftjoe It only operates like a business because Neoliberals in Congress made it operate like a business but kept its obligation as a public service because that's what it always has been. Neoliberals want to privatize the post office and deunionize it. They say this openly and have been pushing for policies to get them closer to that goal, taking the post office out of the budget and making it fund itself, was one of the first attempts to do just that. And now the post office is being forced to either get rid of ist benefits or privatize. Neoliberals are evil.
It’s mostly ups and fedex dealing with your packages, usps deals with all of your credit card statements, private things that needs to be sent via mail and stuff like that.
@@chillylytical9410 ummm thats a no, i get a lot of shipments via usps and ups sure post prior to this twerp ripping up the place. Never had a issue now i can't get a package with a travel toothpaste tube delivered because it somehow won't fit in the mailboxs provided for regular mail and packages. Hell i even got a notice on a package still in another state saying that i wasn't home to accept it...its in Chicago im in Arizona. ..how's that happen?
USPS is a huge business subsidy. It is part of any transaction where you mail in a payment as well as delivery of goods. I'm sure it can be made more efficient, but it's a public service first and foremost!!!
How the hell did you not mention that many of its business issues (75 years pre funding, inability to raise rates to cover costs) in the 2006 Bush "reforms." Also, postal banking DID exist in America until it was removed in the 60s, we need that back!
Because the mail never stops. It just keeps coming and coming and coming. There's never a let up. It's relentless. Every day it piles up more and more and more! And you gotta get it out and the more you get it out it keeps coming in! And then the BAR CODE READER BREAKS! AND IT'S PUBLISHER'S CLEARING HOUSE DAY!
Imagine looking at a company at a financial deficit and pointing to how the employees are paid and treated as the problem ("just treat them a little worse!") as if treating every employee with dignity and respect should be something up for discussion and not an obvious default trait for a company to have to have in order to stay in business.
Delivers packages for amazon? That's what he said? C'mon now. IMHO: SOMEONE NEEDS TO: STOP COMPLAINING. Find a replacement. Put that replacement in the proper position to get things accomplished. What totalitarian plan could DEJOY have? Addresses need to get entitlements again. Immediately establish EMERGENCY budgets to get the mail working. Upgrade all systems and equipment (it's about time someone established the proper infrastructure required to deliver mail properly) That's The point of infrastructure, to deliver mail Hello!? Should be easy. The equipment needs to be ordered and delivered where it's needed. At the very worst, we need to step up and force an involuntary bankruptcy, put a federal chief justice as administrator to order equipment and assign a team of fiduciary trustees to be held accountable and responsible to handle the budget. Upgrade everything. The MAIL KEEPS THE UNION STABLE. . WIN. WIN. WIN.
When the postal service was require to fund the retirement of all works for the next 75 years it means they have to provide that retirement now for future employees not even born yet, imagine if private industry had to do that now !
Banking should be resumed at the post office. It is a good way to help make minority, and low income communities become economically stronger. Postal money orders are the last remnants of banking through the post office. Get rid of predatory lending systems, like pay day loan or title loan companies. Currency exchanges too, because of the expensive fees for their services. Banking through the post office can be regulated and insured by the Federal Government. And the postal retirement plan should be restructured and supplemented by the Government too.
_ It is, but it can be a privatized company. In The Netherlands we have privatized postal service. Our national postal service PostNL has been privatized in 1994 and I can’t get all data back to 1994, but from 2011 until now it made a net profit. We have now three major national postal players and several regional or local postal services.
USPS has a fantastic business model that's completely broken, and even more fantastic way to calculate the costs and revenue. It gives Amazon $2 per parcel, regardless of size, from 2 oz to 70 lb, each is $2. Of course if most parcels only takes 1 min to process and deliver on average, it will be profitable. However, this is never achievable by the correct way of delivery. If you saw any mail person was able to do it, you knew s/he was cutting corner in some places. Driving too fast, not putting on sit belt, not taking breaks/lunch breaks, throwing parcels, skipping delivery stops, and a lot of nasty stuffs in order to meet the deadline. Why do you think people can't receive their normal mails once DeJoy implemented the new 8 hour no overtime rule? Literally each route is too long for 8 hours, and the mail persons need to take overtime to finish a day with normal amount of mails. What happen if the new rules implemented? The mail person work 8 hours, not done, go back to office with undelivered mails from last part of the route, then the next day, same happens, still the last part, and again the next day. The last part of the route literally can be forbidden from receiving any future mails. Plus, if a mail person got a vacation, got sick, or simply a vacant route, it can take 3 to 4 weeks to get someone to the route, whatever reason no one is working on the route, and if the post office is understaff, and it's very often, the whole route will not be delivered for weeks or even months. Of course, the policy halted, so it's not going to be months for now.
@@LittleRadicalThinker BTW, from what I have read, Amazon flex pays per delivery BLOCK not per package. So per package would depend on how many packages are in each delivery and would vary, not some BS flat figure that you pulled out of your ass.
I know for one I will never use the USPS unless I have to. More of my deliveries get mixed up than not. My wife works in a receiving department for a large parts company and she says they constantly have issues with them. More than all of the others combined.
Whatever problems USPS have, If the people who run it can't make it more efficient without destroying it? THEY NEED TO BE GONE!! THAT MEANS DEJOY WHO HAS A CONFLICT OF INTEREST ISSUE!! How about those private delivery services DELIVER THEY'RE OWN GODDAMN PACKAGES?? Why is so much being taking out so much for pensions? It's like funded for 20 years of pension payments for the entire pension base! WHAT COMPANY DOES THAT? Now Dejoy wants to cut everything to save money but TRUMP WAS GIVING TAX CUTS TO SUPER RICH!! THEY SET THE USPS UP TO FAIL SO THEY CAN PUT THEY'RE DIRTY FILTHY HANDS ON SOME OF THAT HUMONGUS PENSION FUND!! FIRE BOARD MEMBERS OVER PAID!
Make the primary model of the postal service “to fulfill government deliveries” don’t force them to compete with other businesses over packages and just let them fill in the gaps. It’s too unnecessarily spread thin. Just make it focus on its primary purpose.
It has a broken business model because it's not a business. It's a service. When was the last time the Department of Transportation, Department of Education, or Department of Veterans Affairs was asked to turn a profit or even be "self-sustaining"?
reddit.com/r/darknet needs usps to survive
Bingo! So true. What other Company/Agency plans for Future Expenses instead of "looking for funds at the last minute? Congress? Senate? Here s the Only entity that really try to keep customer costs in place!
Imagine calling the Junk Mail delivery service a positive contribution to society.
@@bftjoe Well, no one could mistake you for a positive contribution to society.
@@Theactualstoic You realize that the Post Office gets to determine how much other carriers MUST charge to deliver letters, right? What a load of bullocks.
So any business that is loses money ever isn't a business? Guess I learned something new today!
Business model? It’s not a business. It’s a public service. It just needs to break even. Part of that issue is pre-funding obligations 75 years in advance. Who else does Congress require to do that? Nobody.
@andrejagreen should we also not fund getting the nostalgic old woman her healthcare delivered?
@@diamondwave100 you're gonna lose it when you hear about defense contracts.
@@diamondwave100 I completely agree! I'm happy we're on the same page. #cutthedefensebudget
@Xeno Phon Yeah, and then once it gets privatised, it gets run even worse.
If you got rid of the post office. It'd destroy a big part of the middle class. It isnt the workers fault for how it is ran. It can be fixed and needs to evolve.
If the Postal Service is in a financial black hole, the Department of Defense is a supermassive black hole losing hundred of billions of dollars per year.
It's amazing how Defense gets so much funding and they can't even take care of the Vets.
DoD doesn't lose money because they rake in a lot of the drig cartels' money plus your tax dollars that are supposed to go on ficing your roads.
I was just thinking that. Like how many guns do we need? Cut that defense budget & send that money to the post office & back to the ppl
@@MrYoung11 In general you get a way more massive return on defense funding than the postal service. The tech development and skills development that come out of the defense industry tend to drive a lot of GDP growth in the future whereas the postal service would not
@@JD-my5ek Source? We spend an ridiculous amount on defense, more then any country in the world. I sincerely doubt it's profitable by any stretch.
How can you start with “the USPS loses billions a year” and not in the same breath also mention that Congress required them to cover the pensions of future retired workers for 75 years ahead of time?
puellanivis they did mention that
Imagine not watching a video and then claiming it doesn't mention something it clearly does.
Secured job leads to less productive and innovative.
@@padmeskywalker186 “and not in the same breath”
@@bftjoe “and not in the same breath”
The postal service is not a business ...
Should be self reliant like other countries
I saw this funny comment on a headline that said "USPS loses x billion dollars every year", someone was like "It's a service, you don't see a headline that says 'US Army Loses x billion dollars every year'"
USPS is poster child for government waste and inefficiency of taxpayer dollars.
Meanwhile, UPS, DHL and FedEx have no problem making a profit.
Gwai Wohng yeah, while offering abysmal working conditions, extreme inequality and no financial security for workers. Is that your utopia of a society?
@@gwaiwohng2181 Try sending First-Class mail via UPS/DHL/FedEx and show us how much it costs.
@@gwaiwohng2181 If the Post Office charged the same rates as them it would put my ETSY business OUT OF BUSINESS. The Post Office is a SERVICE.
@@davidbang4731 You mean compare prices that are artificially inflated due to laws protecting the post office? Great logic.
The post office is not a business. Government agencies are designed for the public good and not to generate profits. Public transportation is subsidized as well as entire states. Even for profit entities like airlines are subsidized by taxpayers. We have the best mail system in the world for a reason.
Best mail system? USPS routinely loses my packages and letters. UPS and Fedex have never lost any of my packages (I am a heavy user of both). USPS's customer service is nonexistent. USPS should die. It is utterly useless.
@@pavelimani 🤔🙄🙄
@@pavelimani Screw UPS. I dont use them as I never know when the hell they show up and Im not going to wait all damm day for them to show only to have to drive to pick it up my self. The USPS also supports small business as contractors.
There are several agencies that self fund like the FCC. What we want is the best the postal service. That means it has to transform the way it operates, and treating it like a business tends to provide better results. There are certain sectors we have funded publicly, but don't allow change and their results flounder while costing more. Take for instance public education that just came out of a decade of failure. It wasn't until private companies entered the market of education that they finally improved like for poor black kids in cities.
@@pavelimani You should try using mail systems in other countries to better understand what we have here. Nothing is perfect.
The postal service is labeled a “public service” and is labeled as such like the police force, firefighters, corrections etc. it is a government entity for the people and it is written in the constitution for that purpose so that citizens could have access to mailing across the US. It has been looked at as a private entity because leaders have forgotten it is an American right due to its constitutional origin. Due to this such a service just needs to break even to be honest. Even if it does not this does not matter. People just can’t sink in the idea that it’s not meant to be profitable but deliver service to the American people at every address as a constitutional right of service almost like a perk. The Government set restrictions as if it was completely a non profit government entity but expects it to run privately. That’s the biggest problem and why it’s NOT profitable IF profit is what you’re looking at.
The postal clause of the constitution merely grants congress the right to establish a post office and it's routes.
It does not make the service a constitutionally guaranteed right.
It would be a bit tedious to explain constitutional law to you and explain exactly what this postal clause means and why it was necessary but in summary, unless a power is specifically in the constitution granted to the federal government then it's a power of the states, so the federal government cannot establish any post offices without the constitution granting it this authority.
This includes things like seizing land for the postal purposes, with compensation of course, much like forced purchases made for infrastructure like new or wider roads.
Also the postal clause only means postal service "can" be established not "shall be" established, meaning it's not a guarantee.
Congress can completely shut down the postal service should they vote on doing so.
The government should pay for the majority of it and don't they realize that all government money comes from taxes we pay, it's crazy, I am okay with my taxes being used for the postal service.
@@yuridavila6095 if you look at the postal infrastructure and how the government controls it then you would get a better understanding that it is a guaranteed right through past time and present interest. They have EVERY single address recorded like it or not. They USE that info and it is sold off. Ever wonder if you got mail for something or someone you never knew about or ever had contact with. It’s guaranteed in the sense that the information of every address is there and it will be used for personal, business or government use. Gotta look past face value in written law and see how deep the routes go between government and the post office. I understand the law for the post office but like anything else it’s about the use not so much of what is written, thousands of examples of written laws that are not taken literally but bent to other parties favor. The reality is that every address is guaranteed service by usps
reddit.com/r/darknet needs usps to survive !
@@n3wt darknet um conspiracy monger here.
Why are they talking about the USPS as a business? The post office is not a business, it's service to the American people.
Because politicians don’t understand that difference anymore, since they don’t need to ($$$)
Somebody has to foot the bill. Taxpayers are tired of the Democrats 70% tax idea.
USPS is poster child for government waste and inefficiency of taxpayer dollars.
Meanwhile, UPS, DHL and FedEx have no problem making a profit.
@@gwaiwohng2181 Try sending First-Class mail via UPS/DHL/FedEx and show us how much it costs.
@@davidbang4731 That's because of government regulations that protect the post office monopoly on first class mail.
Because when they didn't run it like a business it was a blank check that wasn't taking care of its obligations. Did you not watch the video? They weren't funding their pension obligations and just passing that massive bill onto the taxpayers to figure out. They mismanaged themselves and needed to stop.
The USPS isn't a business. People need to understand this. It is a service.
Please read what you wrote, again.
@@j.lizbardo Is there any typo or grammar error in it? Because I can't see it. If you mean the content of what he said, well, that is nothing radical. If is the post office as a public service (just like policing and public schools), than it is not even meant to be profitable, it is meant to service all. Most people are not calling for privatizing policing because it is not profitable.
USPS is in our constitution. It is our right and necessary. DEJOY is trying to destroy it. If they need to raise first class mail rates they should do that but keep 📫 working.
Not anymore its been gutted to a corpse
A service is a business. What you meant was an obligation.
The thumbnail title for this video is: "The Post Office's Broken Business Model." That's like making a video titled "Your local library's broken business model" or "The broken business model of the roads and highways we all pay for."
@Master Chief The USPS is required to fun pensions for people who are not even working for them yet. And cannot raise prices to stay competitive. The USPS doesn’t work because the US has bound and gagged it, and then called up to its boss to report it missing from work.
@Master Chief Your argument is well thought-out and convincing. You must do this for a living.
@Master Chief Are you saying that the Postal Service... never existed?
@Master Chief It's all a conspiracy. Maybe the United States of America never existed either.
@Master Chief The Prefunding mandate is from the 2006 Postal Accountability and Enhancement Act.
Rather disappointed that they failed to mention why the USPS has these looming obligations and the severe restrictions that have been placed on them. The USPS is the only company, by law, to Pre-fund the retirement health benefits to the year 2056 leading to over 5 billion in payments as included in the Congressional bill: H.R. 6407 (109th): Postal Accountability and Enhancement Act. This requirement, in addition to the restrictions on the sources of revenue USPS can pursue to the limitations of eliminating unprofitable delivery routes, regulated a once profitable company to be in the red. Privatization wont work and isnt the answer. Dont even get me started with Louis Dejoy...
Sure but lets get rid of the government granted monopoly on first class mail and then you can talk about how profitable the post office was. Do you even know what happened to Lysander Spooner?
@@dutchbakery2195 Yes because the government forbids real businesses from competing, can you read?
thank you internet denizen, I've been waiting for them to hit on this the entire time, but not a word.
@@dutchbakery2195 Lower delivery prices, customers benefit. It's not like all the other countries which don't have a government mail monopoly suddenly collapsed. And why is the Postal Service a good thing in and of itself? Is the Postal Service your God or something?
@@dutchbakery2195 Are you dense? It's cheaper because that's the law. Do you have a low double digit IQ?
Oh somehow something is a public service in one country and HAS to be that way, but isn't in other countries. Got it, great logic. If FedEx or UPS charged low prices for letters they would get put put of business by the official mafia like what happened to Lysander Spooner.
The retirement pre-funding requirement is unlike any business. Any fair comparison would require FedEx, UPS, and others to do the same, as well as requiring them to also deliver to every US address like the USPS. Fix the pre-funding mistake and add community banking and the USPS will be fine. Privatization would be a crime.
Amen. The pre-funding requirement is ridiculous and the community banking would be a boon.
The economy was best when the middle class was making livable wages because unions were strong. There’s also nothing wrong with defined benefit plans. What’s wrong is expecting the USPS to prefund so many years ahead beyond anything reasonable. Unions are not the problem, Congress is.
It is disingenuous at best to suggest the unions are in any way responsible for the insane pre-funding law to begin with (they were not), and the postal workers union still opposes it.
apwu.org/news/urgent-weve-reached-house-now-lets-take-senate
What business offers defined benefits and retiree health care again? More insane logic from crazy Democraps!
It doesn’t matter what FDR said; he was incorrect in this case. Anyway, appeal to authority is a logical fallacy.
And name calling? The last resort of those with weak arguments.
The truth is the intent was to use the money to cover the deficit, which is hardly beneficial to the postal workers in the short run. The postal service is funded by postage, but if the federal government borrows money it costs taxpayers. So this whole scheme is just irresponsible nonsense and it’s time to get rid of the ridiculous requirement to pre-fund an unreasonable number of years into the future.
Dam y’all really hate your mailman/woman. The post office is essential to many Americans. Keep in mind that just because you live in a city and are computer savvy, doesn’t mean that everyone else is. There are a lot of folks who depend on having their mail delivered. Also they provide jobs
Yes any job that makes me feel good and I unilaterally decide is "essential" should exist now and until the end of time!
@@bftjoe The Postal Service was established in the Constitution. It would take an act of Congress to get rid of it or privatize it.
@@utterbullspit No, the Constitution gives congress the power to establish a post office, not the requirement to. You have a very poor understanding of English and the Constitution if you believe otherwise.
I have to say: The USPS is beloved outside the US also! All my packages come to Brazil through the USPS. I have purchased old computer monitors for the 8 bit Apple computers, all with the old glass CRT, and all of them arrived in perfect condition. I thank the USPS and the the Brazilian counterpart, the EBCT aka Correios do Brasil. Both are being attacked, btw.
Same from Canada. UPS and FedEX have overage charges to us from as short a distance as 20 miles form the seller to the buyer. Why would I pay much more in shipping than the value of the piece of plastic that could have been sent via post office at 0.1KG?
I’m Postal mail handler at a P&DC and it’s always cool to see parcels going internationally. Thanks for using the USPS.
The Constitution does NOT say anything about providing universal mail service or even service at all. The postal clause in Article 1, Section 8 simply states that Congress has the power to establish post offices, but it doesn't have to. Through most of America's history, there were post offices in cities or populated areas but private carriers picked up mail and delivered it to the folks living way out in the boonies. The USPS should not exist; government has no obligation to guarantee mail service and the private sector does a better job of it anyway.
It didn't fell into a financial black hole. It was pushed in it.
He didn't fall, he was pushed.
Yes by giving overly generous retirement benefits to the workers unions.
@@bftjoe No, with H.R. 6407 Title 8 Section 803. I'd provide a link or the text, but can't imagine you taking time to read it.
Joseph Huang you don’t need to plan for 50 year pensions right now. No other union asks for this aside from police unions
@@ShidaiTaino Yes instead they should just not fund pensions at all like they were doing before.
The Post Office is NOT a business, its a function of the government just like libraries or the military.
THE [clap] POST [clap] OFFICE [clap] ISN'T [clap] A BUSINESS [clap]. Even in the description it says "IF the USPS was a private business", the IF is necessary because it's NOT a private business, it's a public service, and the American people rely on it.
I agree [minus the claps] it's like saying the military is a business that loses billions every year.
When has the military turned a profit? The forestry SERVICE, internal revenue SERVICE, the FBI, AFT,FCC,FAA ,secret SERVICE, ect. None of which are in the constitution.
Good thing it’s not the Americans running it down but the Businesses.
Ever heard of email? I don’t understand your first sentence or two because of all the “claps” you wrote, but there is no point to the USPS. FedEx and UPS deliver packages and make a profit because they innovate and cut costs. The horror that someone can’t get their social security check in the mail by USPS! It’s not like FedEx or UPS can do it, let alone just sending it online...
It’s not a business, it’s a service. Not required to make money. It’s supposed to give people access to affordable communication.
It’s not a BUSINESS!! It’s a damn service we need. They need quit spending billions bailing out the cruise industry and airline industry!! Those are businesses. That’s their job. What if the post office was gone??
Stamps can't charge above inflation. Glad Pres had a hard look at where issues are now.
Why doesn’t the post office just charge a $1 per stamp I don’t get why it hasn’t happen. There legit isn’t a market. They are the only ones. Does the government have regulations or control over them upping the price of stamps?
People need to stop pretending that USPS is a business. It's a Government agency, which is meant to provide a service for the country's citizens. USPS != FedEx or UPS. USPS shouldn't be making money on citizens. Running at "a loss" shouldn't be a problem. The benefits of USPS are beyond raising money. How much money does the Department of Homeland Security make the United States every year?
Thats where i think the usps should fall in line with that department.
the post office is NOT a business. It is a government institution that predates the constitution and 1 of the only institutions purposefully and specifically set up in the constitution. A necessity that is not supposed to make a profit
So when I go BUY a stamp to buy the SERVICE of mailing a letter it isn't a business? Interesting, tell me more about what is or isn't a business.
@@bftjoe From the not O.E.D. - Service: a facility supplying some public demand (E.G. bus service).
Businesses are in business to make money and often to increase shareholders value.
If you cannot understand the difference there is little you'll learn in the UA-cam comment section.
@@aterfelis4708 Oh so FedEx and UPS provide a physical product? Got it, genius.
Which definition of service did you cherry pick? Because that's not even the first, second, or third definition of service.
@@bftjoe I never said that there has to be a physical product, that was your addition. You are conflating the exchange of currency for goods or services and a business, which is typically a corporate entity who's primary goal is to increase corporate and shareholder value.
From the web -
Definition of service
(Entry 1 of 5)
1a : the occupation or function of serving in active service
b : employment as a servant entered his service
2a : the work performed by one that serves good service
b : help, use, benefit glad to be of service
c : contribution to the welfare of others
d : disposal for use I'm entirely at your service
3a : a form followed in worship or in a religious ceremony the burial service
b : a meeting for worship -often used in pluralheld evening services
4 : the act of serving: such as
a : a helpful act did him a service
b : useful labor that does not produce a tangible commodity -usually used in pluralcharge for professional services
c : serve
5 : a set of articles for a particular use a silver tea service
6a : an administrative division (as of a government or business) the consular service
b : one of a nation's military forces (such as the army or navy)
7a : a facility supplying some public demand telephone service bus service
b : a facility providing maintenance and repair television service
8 : the materials (such as spun yarn, small lines, or canvas) used for serving a rope
9 : the act of bringing a legal writ, process, or summons to notice as prescribed by law
10 : the act of a male animal copulating with a female animal
11 : a branch of a hospital medical staff devoted to a particular specialty obstetrical service
I picked 7, but if there's one you like more please feel free to point it out.
The postal service is labeled a “public service” and is labeled as such like the police force, firefighters, corrections etc. it is a government entity for the people and it is written in the constitution for that purpose so that citizens could have access to mailing across the US. It has been looked at as a private entity because leaders have forgotten it is an American right due to its constitutional origin. Due to this such a service just needs to break even to be honest. Even if it does not this does not matter. People just can sink in the idea that it’s not meant to be profitable but deliver service to the American people at every address as a constitutional right of service almost like a perk. The Government set restrictions as if it was completely a non profit government entity but expects it to run privately. That’s the biggest problem.
You want to put all political and Social obligations on USPS and still want to make it profitable. What kind of Santa Clause business is this
Banks get trillions of dollars but there is no money for Postal Service
The American Enterprise Institute is not a neutral source and thus should not have been invited to talk on this video without also inviting a progressive to counter AEI's talking points.
💯 %
They had a progressive. Maybe you missed her despite talking almost exactly after the AEI.
@@KevinSmith-qi5yn , No, I would call her a genuinely neutral commentator. As a result, the political balance of the video was still tipped in favor of the right wingnut, free market capitalist narrative. To balance things out they should have also invited someone like Thom Hartmann or Robert Reich to speak.
@@Glenintheden
When I read up on her, she doesn't seem neutral. It also doesn't make sense to bring in the same people over and over again. They may not have researched the subject as thoroughly. She is much more a specialist.
Glen Wallace to invite a progressive they’ll have to go looking in a lunatic asylum. Hard to do during this pandemic.
The US military doesn’t turn a profit, but it gets the job done. The USPS should be looked at the same way. Besides, thousands of veterans work for the USPS.
This is your tax money how about you move to venuzaula or north korea if you like government
Aunt serves as a postal delivery woman for almost 30 years. Grateful for her services and counting what she has to go through during her service (being mauled by dogs, broken legs, irascible receivers just among the few) she deserves all the perks she gets. She retired last year.
people think postal workers got it made . I have been making friends with all my carriers in my neighborhood for years. They actually look out for me. . It is a hard thankless job. i have walked with some of them while they make their rounds. It is a shame how some of the people they deliver to give them flak for taking a short cut thru their yards or if somehow a mistake was made and they received some one eltses mail.
She probably deserves jail time if you ask me.
I like seeing all the positive post. The USPS is a service and not a business. It should not be privatized... In the last decade we all seen what happens to "too big to fail" private business. We the tax payer foots the bill, the CEO and board members make $$millions, the workers gets laid off, and we still won't get services... The the US government should also get into air travel. WHY are we subsidizing private airlines?
Remove the requirement for USPS to fund employee healthcare costs for people who are not even employees yet. No other business has to do this.
Allow USPS to set prices without the politicians.
Allow USPS to provide simple banking services to the millions of unbanked or underbanked Americans.
Guess what? You would have a successful business... If we are even going to compare it against a business.
USPS is a service by the US government to the people of the country. It is weird it is being considered a business and looked into losses and gains.
In Canada we switched away from door to door and have pick up super boxes. There was an outcry but now it’s accepted. It saved a lot of money and a good reason to take a walk.
It's also seeing a staggering amount of turnover and retirements. You have an older generation of workers retiring and not enough people to fill holes. This leads to an abundance of workers left to pick up the slack meaning many are working 10 to 14 hours 6 days in a row. This then leads to further turnover because the employees are burnt out.
Vote him out, if you want to keep the postal service
Postal Accountability And Enhancement Act mandates the postal service to pre-fund retirees' health benefits up to the year 2056 estimated at $55 billion. But contrary to what we believe, bankruptcy and privatization wasn't the main motive. All that money is available for Congress to use as it pleases since PAEA made it a part of federal budget. Bush administration demanded this specifically to be part of the bill.
You see Postal service has never been tax funded. Its always been a self funded entity independent from the federal budget. But that changed with PAEA. Just like social security, that money is being raided. What's left is a bunch of IOU's.
This results in more federal debt because all that money has to be paid back.
It's not a "broken business model," because it shouldn't be a business in the first place. Turning government services into businesses is idiotic and always goes wrong.
The language "broken business model" in no wise implies that the USPS itself is a business. But rather the words "broken business model" most likely apply to the fact that, whether the USPS is a business in its own right, nevertheless it CONDUCTS business. As in, the USPS is in the business of shipping letters and parcels. Its business is the delivery of items from one point to another, and it is the WAY it conducts this business that is under scrutiny. You don't have to BE a business, to be in the business of achieving a goal or ends. For example, soup kitchens are in the business of feeding the hungry and homeless. That doesn't mean they're a business. Also one could say "It's none of your business." Nobody considers the mafia a legitimate business in any legal sense. They do not hold a business license, they do not have a business tax status and do not enjoy the legal protections normally afforded to businesses. But if you're IN the mafia, and you get whacked, what's the last thing they tell you? "It's not personal. It's business." You see, the word business has multivalent meanings depending upon the context.
@@robh3007 I think you just defeated yourself in this argument. Take care.
The public would be in TOTAL SHOCK if they knew how the post office treated they[re employees (like scum of the earth)
The US Postal Service is very similar to the United States military in which neither of them were built to be a profitable business.
Oh the army is
USPS should be relieved of paying health benefits 75 years in advance!! Other business aren’t required to do that why should Postal service!
The provision that it must set aside enough money to cover the pensions of it's employees for the next 75 years, covering people not even hired yet took a profitable organisation to not making a profit for the soul purpose of dismantling it based on profitability so they could pocket the money! Get your facts straight.
In addition to prescriptions, elderly people who are not computer or phone savvy may still pay their bills via the mail. So it is important to save the USPS
It's not going away. Don't worry. But it should be privatized.
@@gwaiwohng2181 y so ccp can spy?
Gwai Wohng privatization literally means gone.
@@sachin2842
Yes he and above u *jo""" "* everywhere and he should mind his Chinese communist business.
If you want to lay blame for USPS having difficulty with its budget, consider this: until President Reagan tried to turn the USPS into a cash cow, but insisting that no longer be self-supporting / self-sufficient. Instead, whatever the USPS generated in revenue would go into the general gov't coffers, and whatever funds the USPS spent would come out of a budget granted to them out of that general fund by congress. Consequently, the USPS suddenly became stagnant in the 90s while other postal services were either being modernized (with generally good outcomes) or privatized (with disastrous outcomes) ours couldn't afford new machinery so while the USPS finally now offers decent internet-enabled services and has (had, until Trump's toadie gutted it) modernized mail processing equipment, we are twenty years behind some other postal services and certainly behind commercial carriers. Remember, some folks in congress don't think the government should provide you with ANY services in return for your taxes -- except for the opportunity to die for your country inside a breathtakingly expensive tin can.
CNBC did not do a thorough research into the USPS model. In the early- or mid- 1900s, the USPS used to be involved in community banking. However, our federal politicians (with banking lobbying) eliminated the practice due to concerns about unfair competition. HBO’s John Oliver’s show featured it last year (if I am correct) and the reason why it needs to be brought as an entry for low-income and unbankable. Also, the idea of the USPS revisiting this concept was floating around by Bernie Sanders. However, there has been little traction on giving the USPS this option back. CNBC and it surprisingly none of the speakers did not mention this fact.
The USPS model is no different than Amtrak where it is a quasi-government entity expected to be self-sufficient. However, there are too many guardrails from lobbyists, competition, and even some politicians to operate in a way that provides a viable service that is self sufficient.
Congress passed laws prohibiting it from selling any goods. Then passed laws forcing it to prepay 75 years of pensions. Then forced it to disassemble post sorting machines, then they wonder "why is the post office losing money?"
Post office is a Constitutionally mandated service. It is no different from the military in that regard.
Where in the constitution does it says we need the USPS
My advice to anyone sending important documents; do NOT under any circumstances use the U.S. Postal Service. My past experiences when dealing with them have convinced me that they are incompetent. Therefore, I use DHL. It's more expensive but they get the job done.
Since he doesn’t pay taxes, why should he care? In fact, he is not qualified to comment until he pay taxes. I don’t mind to use the govt to use my taxes to revamp the infrastructure of postal office to become more competitive.
He litterally does pay taxes lol, he has paid more taxes than you or anybody in your family will ever pay for 5 generations
@@Noe-gj9mw 750.00 and nothing at all for many years. Undoubtedly you are a member of the cult.
Open your eyes.
@@kentmorton2872 You should use more reliable source than anonymous source from nyt with no physical evidence available. Also remember when Rachel Maddow illegally obtained his taxes from 2005?
@@seancasity7538 I really don't care how they were obtained. Sean can you tell me why a innocent man is trying to hide his taxes from the people that he works for so vehemently? I don't have to get burned to know that fire is hot.
@@kentmorton2872 If he had anything to hide the IRS would be flocking to him like flies to a hot cake. Also there's a difference between personal taxes and federal.
A long time ago the Post Office received more mail than it could sort and deliver in its' one day requirement. They began to give business and governments a discount to 'pre-sort' the mail before it was received at the P.O. This was a substantial savings for the pre-sorters. Now that volume is way down and sorting machines are being retired, that big discount continues. Why??
On a different note, why do homes need six day delivery ? The only first class mail most people receive is bills and statements of account. Congress mandated recently that six day delivery must continue. If congress wants the P.O. to spend huge amounts on service that in not necessary then congress should pay for it.
VOTE IN PERSON!
There are plenty of USPS workers that do a fine job on a daily basis. Unfortunately, there are MANY more, that do not. When union workers have zero supervision and feel like they don't need to work, they simply will not. When the supervision has the same mind set as its core workers, its a recipe for failure. The cost of an hourly employee who has cruised through his/her entire career with the USPS is making north of $30.00 p/h with a healthy pension. It's simply too much money for the amount of work they provide. I'm not a fan of automation and replacing human jobs but when it comes to the USPS its debatable. The inefficiency of the USPS is in plain view on all levels. Its obvious that a lethargic, old and uninspired team of leaders running the ship, have no idea how to steer it.
🔥🔥 🎓🎓Picture this: you job transfer from one location to another. You are new to the employees at this location, however you are not new to the job. While at this new location and during the course of your duties, you are solicited by a male supervisor whom you are not particularly interested in dating. You state clearly your disinterest to this supervisor, who responds by sexually harassing you. After making the harassment known to your co-workers, this supervisor only INCREASES his level of sexual harassment to the point that your own co-workers are strongly advising you to file an EEO. Having never filed an EEO in your career, you naturally rely on those who you would think would know or can at least assist you with knowledge of the process......your union official, shop steward. After approaching your shop steward, stating the issue, and receiving assurance that "we will get to the bottom of this" and "we all need to stick together" and other such notable words of encouragement, how would you feel at this point? Imagine, if you will, your shop steward telling you that a meeting is being set up between you, the union official, and the supervisor, in order to conduct your "EEO". Picture being in a room with these two individuals and the supervisors starts sexually harassing you right in front of your Union Official......the SAME EXACT manner and way as when the supervisor was harassing you on the work room floor in front of your co-workers. You look towards your shop steward to do his job and "get to the bottom of it". Instead YOUR Union Official is looking down at the floor, GRINNING AND SMIRKING and not saying a word. After the meeting you find out it was all a setup to "shut you up" and "show you who is in charge". You also discover the supervisor is WELL-KNOWN for sexually harassing female employees and the Union Official is the same way............by this point that fact is quite obvious!
SUNCOAST DISTRICT/ Tampa, Florida Department Of Justice, Inspector General, Office Of Special Counsel. I see you ARE paying attention. So there seems to be more of a handle on the “Hiring Practices”. Of course we see how far skewed it has become. That was the immediate issue. Now to address the NEPOTISM, CRONYISM, and RACISM in this installation. No need to insult you with the well-documented effects of these 3 “ISM’S”. The supporters of the Nepotism will say “we need the Family Members to combat the Racists in this Organization”. The Cronies will fall in line to whomever “seems” to be offering them what the think they want. The Cronies will then call in “return favors” for their Allegiance. The Racists will use whomever they can for as long as they can. The “CULTURE’’, as your boss Mr William Barr so eloquently stated in his testimony to Congress, of THIS INSTALLATION is one of extreme Nepotism. Extreme to the point that even the “clean” family members agree that there are far too many “dirty” family members employed in this Organization. We are far, far past a person having their Father, Mother, and 2 Offsprings working here. We are now into Father, Mother, 3 Offsprings, 2 First Cousins, 1 Second Cousin and 1 or 2 or more Grandchildren! Reportedly, we have a family with over 100 Family Members spread throughout this Suncoast District. The "dirty" family members will openly declare "well, you have to get rid of all these other family members before you can touch us". I do not need to inform you, with all your vast collective experience in these matters of the issues and problems that arise in this type of environment. I would be remiss in my duty if I DID NOT inform you that Veterans of the United States Military employed here will only tolerate a finite level of abuse. This is what these Family Members and Cronies are failing to understand. I strongly urge you to take another VERY CLOSE look at the Paperwork originating from this District concerning these “alleged” abuses. I predict that if you three Organizations that are tasked with resolving these issues and performing as Watchdogs to these grievious miscarriages of Justice, along with our elected Representatives fail to get this under control, MEMBERS AND OFFICIALS OF THIS ORGANIZATION WILL BE SUBPEONED TO APPEAR BEFORE CONGRESS TO ANSWER QUESTIONS ABOUT THE FAILURE TO PROPERLY ADDRESS AND RESOLVE THESE WELL-REPORTED MATTERS. I thank you for your time and attention concerning this subject.
Department Of Justice, Inspector General, Office Of Special Counsel. I see you ARE paying attention. So there seems to be more of a handle on the “Hiring Practices”. Of course we see how far skewed it has become. That was the immediate issue. Now to address the NEPOTISM, CRONYISM, and RACISM in this installation. No need to insult you with the well-documented effects of these 3 “ISM’S”. The supporters of the Nepotism will say “we need the Family Members to combat the Racists in this Organization”. The Cronies will fall in line to whomever “seems” to be offering them what the think they want. The Cronies will then call in “return favors” for their Allegiance. The Racists will use whomever they can for as long as they can. The “CULTURE’’, as your boss Mr William Barr so eloquently stated in his testimony to Congress, of THIS INSTALLATION is one of extreme Nepotism. Extreme to the point that even the “clean” family members agree that there are far too many “dirty” family members employed in this Organization. We are far, far past a person having their Father, Mother, and 2 Offsprings working here. We are now into Father, Mother, 3 Offsprings, 2 First Cousins, 1 Second Cousin and 1 or 2 or more Grandchildren! Reportedly, we have a family with over 100 Family Members spread throughout this Suncoast District. The "dirty" family members will openly declare "well, you have to get rid of all these other family members before you can touch us". I do not need to inform you, with all your vast collective experience in these matters of the issues and problems that arise in this type of environment. I would be remiss in my duty if I DID NOT inform you that Veterans of the United States Military employed here will only tolerate a finite level of abuse. This is what these Family Members and Cronies are failing to understand. I strongly urge you to take another VERY CLOSE look at the Paperwork originating from this District concerning these “alleged” abuses. I predict that if you three Organizations that are tasked with resolving these issues and performing as Watchdogs to these grievious miscarriages of Justice, along with our elected Representatives fail to get this under control, MEMBERS AND OFFICIALS OF THIS ORGANIZATION WILL BE SUBPEONED TO APPEAR BEFORE CONGRESS TO ANSWER QUESTIONS ABOUT THE FAILURE TO PROPERLY ADDRESS AND RESOLVE THESE WELL-REPORTED MATTERS. I thank you for your time and attention concerning this subject.
MANAGERS handing out Official Postal Documents describing how Nepotism is “frowned upon” in the Postal Service.
The very same Managers have their Mother, Father, Son, Daughter, Niece, Nephew, 3rd Cousin removed on their In-Laws side all working for the Postal Service and ALL in the SAME BUILDING.
🎓🎓 🔥🔥
Mask is political, post office is political, why is everything political??
EVERYTHING in America is political and controversial!!!
That is how Democrats operate. They are the biggest joke in American history.
Political: relating to the government or the public affairs of a country.
Masks being mandated by the government. POLITICAL. Post office is a government entity. POLITICAL. Literally anything involving the government, involving laws and law enforcement, is POLITICAL. Any system that governs a society. POLITICAL. When your math teacher assigns homework every week. POLITICAL. He or she is the system governing the society in your math class. You can lobby him or her to reduce the amount, give waivers, or make exceptions. You have officially entered into POLITICS.
So Corporations can dismantle the system and create their own = profit
Political interference at the behest of private market interests.
This type of work would be perfect for electric cars because they would save money from cheaper “fuel” and electric cars run perfect in stop and go traffic which extends the range so you get “free fuel” and with the money they save they could make it cheaper to mail things
Another thing is that it would help the environment especially because there are so many mail cars/trucks
This actually makes a lot of sense 👍
@@puzzleluvr This makes a lot of sense until you realize it would cost more to purchase an electric vehicle vs a gas vehicle plus 20 years of fuel. Electric vehicles are just not to that scale of production yet to the point where they are economical.
@@Georgeqaws this is not true because with the amount of money you spend on fuel versus electric the car would eventually pay for it self
For example my sister used to drive an 70 miles every day for two years an electric car however you would have saved 10000 dollars in the same amount of time driving the same amount of miles
It's like they try on purpose to be an absolutely awful company
I am a truck driver. I pick up and deliver regularly in USPS distribution centers. It never surprises me how disorganized, slow, inefficient USPS is. You have employees walking around not working or usually busy with their cell phones. The paperwork often gets lost trailers are assigned to different companies or don’t get loaded on time. A lot of delays caused by not working accurately. The amount of waist in time, personnel, resources is mind boggling. When you walk in their facilities, you often see mail dropped on the floor every body walks by and look but nobody picks it up. I think that is someone’s mail. Facilities are very dirty. One will argue, that is the reason why we should pay more from taxpayers money. If you do that they will continue throwing and wasting your money. They already receive an insane amount of money from everyone’s tax money. You don’t go to a restaurant and pay $50 for just a hamburger while you could have bought the same hamburger for $4. Yes post office is that $50 hamburger. Give it to Amazon and that same hamburger will cost you (taxpayer) just $4 with better taste and faster preparation time.
Just privatize it dude. It needs SOME kind of improvement
Post office is a service, not a business. Get a grip
I started paying my bills online. PROBLEM SOLVED. Leave the 18th century and come into the 21st.
It requires money to make money. this is the best secret I have ever discovered we don't make money, we EARn and MULTIPLY money
Exactly!
Investing in crypto now should be in every wise individuals list, in some months time you'll be estactic with the decision you made today.
@@seanabigail6153 Most intelligent words I've heard
Seems crypto is overtaking the stock market in the recent bull run haha
Stocks are good but i swapped and invested in Bitcoin and other Cryptocurrency. I have been making good profits.
Well putting someone (DeJoy) with a business conflict of interest in charge isn’t going to help.
That should have never been allowed to happen.
It's a service to the people, other than paying for shipping and stamps our taxes should pay the rest It's for us (US) regardless of what we have coming in the mail.
USPS is not a business. Get it right CNBC
It would really help the post office if they could partner with banks and serve as an access point for depositing and withdrawing money. Obviously, legal changes would have to be made, but a smart government would make those changes rather than privatise or remove the postal service.
SOLUTION ONE: legalize weed (it's already legal under 14th Amendment's Equal Protection Clause but the govt and press ALWAYS LIE for politics) and have ONLY GOVT sell it, and USPS delivers.
PROBLEM SOLVED.
As an Amateur Radio Operator, I trusted the postal service. Lately, I hear them saying "due to lower business we will have to raise rates,and limit deliveries"........no truer words were ever spoken by a business that has plans to go under. However, I HAVE received MORE deliveries including weekends that ever before in 70 years. Sounds like some of the ruling class made a sweetheart deal with AMAZON but they didn't mention it to management or the unions. Adios USPS , your guys on top screwed you, not US !!!
The post office isn't a business!! It's a public service. FFS don't parrot Republican talking points and talk about the USPS as a business.
Say it again for the dumbasses in the back.
EXACTLY! The U.S. Military has never turned a profit (or ever stopped an invasion of U.S.home soil) Why is the USPS supposed to? If you want a company to take a letter across the country - Fed Ex will charge $15-30 dollars!
Yes! We have to tell this to CNBC!
It has elements of both a business and a government agency, as explained in the video. Are you deaf?
Is your business exempted from property taxes and required to keep the same price for all areas and have a legal monopoly in certain areas?
@@bftjoe It only operates like a business because Neoliberals in Congress made it operate like a business but kept its obligation as a public service because that's what it always has been. Neoliberals want to privatize the post office and deunionize it. They say this openly and have been pushing for policies to get them closer to that goal, taking the post office out of the budget and making it fund itself, was one of the first attempts to do just that. And now the post office is being forced to either get rid of ist benefits or privatize. Neoliberals are evil.
1. Close down post offices and move it to inside stores 2. Launch a postal savings bank.
Does the US military have to pre-fund their retired people?
Yes, you do get covered as congress is the one usually paying for it.
Allow Amazon to buy out the USPS and make it profitable . Amazon has the logistics to run a USPS service more efficiently .
THIS!
We are going to start buying more essentials online, delivered by USPS
So you can be told that they cant deliver for some reason.
It’s mostly ups and fedex dealing with your packages, usps deals with all of your credit card statements, private things that needs to be sent via mail and stuff like that.
@@chillylytical9410 ummm thats a no, i get a lot of shipments via usps and ups sure post prior to this twerp ripping up the place. Never had a issue now i can't get a package with a travel toothpaste tube delivered because it somehow won't fit in the mailboxs provided for regular mail and packages. Hell i even got a notice on a package still in another state saying that i wasn't home to accept it...its in Chicago im in Arizona. ..how's that happen?
@@jameshurley224 idk things are whack rn
USPS is a huge business subsidy. It is part of any transaction where you mail in a payment as well as delivery of goods. I'm sure it can be made more efficient, but it's a public service first and foremost!!!
lol all this time i thought USPS had better service than Canada Post
It has until it got sabotaged starting in the mid-2000's and now especially due to political bullcrap.
How the hell did you not mention that many of its business issues (75 years pre funding, inability to raise rates to cover costs) in the 2006 Bush "reforms." Also, postal banking DID exist in America until it was removed in the 60s, we need that back!
But my Workhorse stock needs to rocket...
Same here lol I bought in at $22 a share
The Postal Service should be a public service, not a business
Being preferred to other government agencies does not make USPS "beloved". It may be the least hated.
Because the mail never stops. It just keeps coming and coming and coming. There's never a let up. It's relentless. Every day it piles up more and more and more! And you gotta get it out and the more you get it out it keeps coming in! And then the BAR CODE READER BREAKS! AND IT'S PUBLISHER'S CLEARING HOUSE DAY!
Imagine looking at a company at a financial deficit and pointing to how the employees are paid and treated as the problem ("just treat them a little worse!") as if treating every employee with dignity and respect should be something up for discussion and not an obvious default trait for a company to have to have in order to stay in business.
Delivers packages for amazon? That's what he said? C'mon now. IMHO: SOMEONE NEEDS TO: STOP COMPLAINING. Find a replacement. Put that replacement in the proper position to get things accomplished. What totalitarian plan could DEJOY have?
Addresses need to get entitlements again. Immediately establish EMERGENCY budgets to get the mail working. Upgrade all systems and equipment (it's about time someone established the proper infrastructure required to deliver mail properly) That's The point of infrastructure, to deliver mail Hello!? Should be easy. The equipment needs to be ordered and delivered where it's needed. At the very worst, we need to step up and force an involuntary bankruptcy, put a federal chief justice as administrator to order equipment and assign a team of fiduciary trustees to be held accountable and responsible to handle the budget. Upgrade everything.
The MAIL KEEPS THE UNION STABLE. . WIN. WIN. WIN.
Don’t let Amazon take away our Postal Service
When the postal service was require to fund the retirement of all works for the next 75 years it means they have to provide that retirement now for future employees not even born yet, imagine if private industry had to do that now !
United States logic:
- Sending letters is a social obligation.
- Healthcare must be paid even if you are dying.
Brilliant......
Banking should be resumed at the post office. It is a good way to help make minority, and low income communities become economically stronger. Postal money orders are the last remnants of banking through the post office. Get rid of predatory lending systems, like pay day loan or title loan companies. Currency exchanges too, because of the expensive fees for their services. Banking through the post office can be regulated and insured by the Federal Government. And the postal retirement plan should be restructured and supplemented by the Government too.
Expecting a government service to be profittable like a business is literally the most absurdly republican thing of all time.
The postal service is not a business it is a public service.
_ It is, but it can be a privatized company. In The Netherlands we have privatized postal service. Our national postal service PostNL has been privatized in 1994 and I can’t get all data back to 1994, but from 2011 until now it made a net profit. We have now three major national postal players and several regional or local postal services.
Privatize it and the red states will collapse just like how they don’t even have wifi, but honestly couldn’t careless😅
They're trying to frame it as a business model to justify trying to get rid of or privatise it.
USPS has a fantastic business model that's completely broken, and even more fantastic way to calculate the costs and revenue. It gives Amazon $2 per parcel, regardless of size, from 2 oz to 70 lb, each is $2. Of course if most parcels only takes 1 min to process and deliver on average, it will be profitable. However, this is never achievable by the correct way of delivery. If you saw any mail person was able to do it, you knew s/he was cutting corner in some places. Driving too fast, not putting on sit belt, not taking breaks/lunch breaks, throwing parcels, skipping delivery stops, and a lot of nasty stuffs in order to meet the deadline.
Why do you think people can't receive their normal mails once DeJoy implemented the new 8 hour no overtime rule? Literally each route is too long for 8 hours, and the mail persons need to take overtime to finish a day with normal amount of mails. What happen if the new rules implemented? The mail person work 8 hours, not done, go back to office with undelivered mails from last part of the route, then the next day, same happens, still the last part, and again the next day. The last part of the route literally can be forbidden from receiving any future mails. Plus, if a mail person got a vacation, got sick, or simply a vacant route, it can take 3 to 4 weeks to get someone to the route, whatever reason no one is working on the route, and if the post office is understaff, and it's very often, the whole route will not be delivered for weeks or even months. Of course, the policy halted, so it's not going to be months for now.
Where did you find the rate?
@@bftjoe news? Don't exactly remember where.
@@bftjoe by the way, the Amazon only pays its flex independent contractor delivery guys $1.25 each parcel, depends on the cities though.
@@LittleRadicalThinker What does that have to do with your earlier unsourced claim? Just throwing more BS out there?
@@LittleRadicalThinker BTW, from what I have read, Amazon flex pays per delivery BLOCK not per package. So per package would depend on how many packages are in each delivery and would vary, not some BS flat figure that you pulled out of your ass.
Here's an idea: raise prices by 20% and tell Amazon to get over it.
Next week: "Why does US military keep losing 700 billion dollars a year? Who came up with such a terrible business model?" CNBC you're a joke
I almost spit out my drink at the opening saying that 91% of Americans love the post office is that some type of joke?
:( Your package is on its way to a USPS facility. Sign up to get updates, and we'll send you a delivery date and time when available.
Postal Service is necessary, great coverage by CNBC to show why it's needed.
I know for one I will never use the USPS unless I have to. More of my deliveries get mixed up than not. My wife works in a receiving department for a large parts company and she says they constantly have issues with them. More than all of the others combined.
I like how the comments are roasting the poor journalism in this video🤣
Agreed 😆😅🤣😂
Whatever problems USPS have, If the people who run it can't make it more efficient without destroying it? THEY NEED TO BE GONE!! THAT MEANS DEJOY WHO HAS A CONFLICT OF INTEREST ISSUE!! How about those private delivery services DELIVER THEY'RE OWN GODDAMN PACKAGES?? Why is so much being taking out so much for pensions? It's like funded for 20 years of pension payments for the entire pension base! WHAT COMPANY DOES THAT? Now Dejoy wants to cut everything to save money but TRUMP WAS GIVING TAX CUTS TO SUPER RICH!! THEY SET THE USPS UP TO FAIL SO THEY CAN PUT THEY'RE DIRTY FILTHY HANDS ON SOME OF THAT HUMONGUS PENSION FUND!! FIRE BOARD MEMBERS OVER PAID!
A "business" model has a need to make money. USPS does not meet the requirement, ever.
If there was an easy fix, someone would have already done it.
there is, Repeal PAEA that was put in place in 2006
The post office is NOT a business. It’s a public service! Postal workers do an amazing job.
Make the primary model of the postal service “to fulfill government deliveries” don’t force them to compete with other businesses over packages and just let them fill in the gaps. It’s too unnecessarily spread thin. Just make it focus on its primary purpose.
Omg in one of the first few seconds of the video, they featured a quilled card. I'm a paper quilling artist, so seeing that made me happy 😊