jeffreyhy

AT&T may still have a pension plan, but they're messing with it and it isn't what it used to be.
http://www.erisapensionclaims.com/AT_T/index.html

Regards, JEff

RoadWarriorFromLP

The problem with USPS is that its prices are too low. If USPS could raise the price of a stamp by a nickel or so, it would breakeven.

But it can't raise them because there is a federal panel that won't allow them to do it. As a result, they have some of the lowest prices in the western world, while they generate losses.

The Republicans want to destroy the government employees unions. They're starving USPS of revenues, while blaming the pensions.

The funny thing is that Fed Ex and the like have substantially higher labor costs per unit delivered. But they can make a profit because they charge a substantial premium for the service. (That, and they can outsource the rural service to USPS, which unlike Fed Ex, UPS, et. al. has a constitutional mandate to serve everyone.)

Pulaski

You are probably right, but I still maintain the bigger problem is the junk mail rates at as little as 10¢. We are probably getting 20 pieces of junk mail for every piece of mail we want and need, and a lot of the junk is "high frequency" - the same junk every couple of weeks... we seem to get either a Direct TV or Dish offer every week! If the USPS could increase the rates on junk it would likely solve their problem.

Lion in Winter

It's dirt cheap. A "saturation mailing" if you choose the size of your print piece wisely costs about 7 cents a piece postage.

RICH

Wow this thread went off topic with one post!

The impending economic doom and gloom forecast for UK, is no different from that facing the US. US has a way of talking it down, or putting it off, so the public thinks it will all work out in the end.

Pulaski

Some of ....