Comments on: According the the inspector general, the Post Office will go out of business this year unless Congress bails it out. https://behindtheblack.com/behind-the-black/points-of-information/according-the-the-inspector-general-the-post-office-will-go-out-of-business-this-year-unless-congress-bails-it-out/ Thu, 17 Jan 2013 03:46:36 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Blair Ivey https://behindtheblack.com/behind-the-black/points-of-information/according-the-the-inspector-general-the-post-office-will-go-out-of-business-this-year-unless-congress-bails-it-out/#comment-81686 Thu, 17 Jan 2013 03:46:36 +0000 http://behindtheblack.com/?p=21456#comment-81686 From the Wikipedia article on the Postal Clause of the Constitution “Thomas Jefferson feared that the postal service would become a source of patronage and a waste of money.” Source: Letter from Thomas Jefferson to James Madison, 6 March 1796

Right on both counts.

]]> By: wodun https://behindtheblack.com/behind-the-black/points-of-information/according-the-the-inspector-general-the-post-office-will-go-out-of-business-this-year-unless-congress-bails-it-out/#comment-81641 Wed, 16 Jan 2013 11:04:25 +0000 http://behindtheblack.com/?p=21456#comment-81641 It has been interesting watching the developments at the USPS over the last several years. The reason why they are struggling so bad is because they have to fund their pension obligations as they go. Nothing shows how unsustainable government worker pension plans are than having to fund them in advance.

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