It is surprising to me that The News Tribune would write an editorial on a subject that it obviously has not researched very well.
The editorial plays the old familiar blame game of the postal unions and their “uncommonly generous employee benefits.”
Never a mention of the Congress mandated requirement to pre-fund retiree health care for the next 75 years, and do it in 10 years, at a cost to the Postal Service of $5 billion a year. No other federal agency is required to do this. The inspector general’s office has stated that the overpayment into this fund amounts to over $50 billion.
As for Saturday delivery, what business would cut their service in order to remain alive? The Postal Service does not operate on tax payer money. It receives none. It operates on what its service and products generate.
The Postal Service is not in a death spiral yet, but failure to get rid of that onerous $5-million-every-year payment will certainly hurry the process along.
Those who look for the death of the Postal Service should be careful of what they wish for. If you think 45 cents is a lot to pay for a stamp, you will look back to that price as a real bargain if a private company takes over delivery of mail.