By Alan Wessman
This graph (click here) shows the break down of the $2.2 trillion CARE act. There is half a trillion dollars for large corporations. The US Post Office is vital to the USA's integrity during a time when communication is through media and mail.
Recent focus on the financial troubles of the U.S. Postal Service (click here) has led to calls for its rescue by Congress. Yet this threatens to become a partisan tug-of-war. It doesn’t need to be that way.
The Postal Service began under Benjamin Franklin. It has been a great benefit to our country. We still depend on it, especially rural areas that might not be profitable for commercial delivery businesses to serve.
And in Utah, we have a wonderful, convenient vote-by-mail system that depends on the efficiency and reliability of the Postal Service.
The financial woes of the Postal Service are not due to mismanagement, but to a 2006 law that required the service, alone among government agencies, to prepay billions of dollars into a health care fund for retirees, 75 years ahead. No other agency has that burden....
The loss of the US Post Office means the loss of over 600,000 jobs. This is very different than the mass lay off of workers due to the pandemic. The loss of over 600,000 jobs with the US Post Office will effect the economy and cause considerable damage to the USA infrastructure. The US Post Office must be able to tap the half a trillion in federal funding for large corporations.
The Postal Service employs more than 600,000 workers nationwide, making it among the largest employers in some states. More than 63,000 postal service employees work in California, while another 40,000 are stationed in Texas, for example.
