Friday, February 8, 2013

The Real Reason the Post Office is Stopping Saturday Deliveries

United States Post Office has decided to end Saturday delivery of first-class and will phase out the practice by the end of this summer. As of August 1, all first-class mail—which includes pretty much all letters, bills, cards, and catalogs—will only be delivered on weekdays. Packages, express, and Priority Mail will still get dropped off on the weekend. The change would mark the end of weekend deliveries for the first time in 150 years.

The real reason for this are twofold. The first is because of a poison pill created by the GOP lame duck congress of 2005. It requires the Post Office to prefund it's retirement fund 75 years in advance. No other government or private organization is burdened by this requirement. Second the Post Office is restrained by congress from changing their rate structure without prior approval.

[Video by Sam Seder and the Majority Report.]

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