Dear Editor,
I want to respond to your article about snail mail slowing down and about the financial “crisis” of the post office.
1. The real reason the post office is in a financial “crisis” is because in late December 2006, someone slipped a poison pill rider into some fairly innocuous legislation which forces the USPS to prepay retiree health benefits 75 years into the future and it must be done in 10 years. This amounts to $5.5 billion that must be paid before anything else. Yes, $5.5 billion for employees who are not yet even born. What other business has this burden? Not one. It’s insane...
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