Monday, May 19, 2014

How You'll Get Screwed If Conservatives Kill the U.S. Postal Service

www.alternet.org/economy/how-youll-get-screwed-if-conservatives-kill-us-postal-service
"In 2006, a Republican-dominated Congress passed a bill forcing USPS to pre-fund future health benefits for retirees for the next 75 years (which Vermont Sen. Bernie Sanders has characterized as an “onerous financial burden”). To make matters worse, USPS has been facing the worst economic downturn since the Great Depression of the 1930s. And a combination of Republicans, Libertarians and neoliberal Blue Dog Democrats have been calling for drastic service cuts and privatization schemes. Ted DeHaven, budget analyst for the Cato Institute, a libertarian think tank, has repeatedly called for the total privatization of the U.S. Postal Service."