Most junk-mail is just advertising crap.
The internet has dramatically changed the US Postal Service forever.
When will the US Postal Service admit to this sea-change and make the enormous corrections required to operate without additional debt.
The US Postal Service is now deep in debt, they owe $178 Billion dollars in debt, on revenue of about half that amount. A debt-to-revenue ratio of 200%.
The US Postal Service prices their business service at a price that is less than the cost to deliver this service. The corporations sending all that junk-mail are currently paying about half the price of a first-class stamp. They pay “bulk-mail” pricing, pricing that is too low.
The US Postal Service continues to subsidize all that junk mail from the wall-street banks, as they continue to borrow money from the wall-street banks in order to get the bills paid. Because we subsidize the wall-street corporations, we just keep going deeper into debt in order to finance this enormous bureaucracy.
So when you receive all that advertising crap from Chase bank, Wells Fargo, and all the other financial crap of this world, the US Postal Service is borrowing money from Chase bank, Wells Fargo, and/or all other banks in order to subsidize all that crap.
We subsidize the bank’s advertising crap by charging less money than it takes to get it done as we borrow money from these banks in order to continue this madness.
We the citizens, we pay for this nonsense, all that advertising crap from the banks, all that advertising crap from the big insurance corporations, all that advertising crap from the big tech corporations.
And on top of that, the US Postal Service generally loses money every year so our hard-earned tax dollars go to bail-out this massive bureaucracy as they deliver for large corporations for less money than it takes to get it done.
The next generation of taxpayers will need to pay twice as much money to pay for this debt and to fund the US Postal Service because this generation of postal executives have relied on greedy policy. Rather than avoiding debt, this generation of postal executives live a lie, a financial lie that will cause serious problems for the next generation of young adults.
The only way to pay this debt back will be to take twice as much money from the taxpayers in order to give this money to Chase bank and all the other banks. Unless, of course, the US Postal Service stops losing large amounts of taxpayer money; this will happen just as soon as the internet goes away, or the USPS changes course.
Our government should not rely on bank financing as this makes no sense. Our government should rely on revenue because the only way to revenue is to revenue.
Here’s how we fix this problem:
- Raise pricing on all junk mail to the same price that the Citizens pay to mail — a first-class stamp — the same price for everyone and every corporation.
- This will drop the volume of junk mail by 30%. The other 70% will still mail because direct mail is so very effective as a means in which to advertise.
- As volume drops by 30%, we have the USPS to deliver mail every other day, 3 days per week rather than 6 days per week (just divide the mail routes to Mon, Wed, Fri, delivery and Tues, Thurs, Sat delivery – not that complicated actually). Most Citizens do not check their mail box everyday anyhow. We don’t need junk mail every day, every other day will be just fine.
- So we increase revenue while reducing operational costs. We work to get out of the red and into the black.
- We then use this money to pay-off the debt and to pay the US Postal Service front-line employees more money.
