Klinker said:
GL2 said:I'm not sure if I would describe her "contributions" here as "give and take". That said, she does stick around even if she insists on wearing a blind fold and sticking her fingers in her ears.
We might remember the "qualities" of a few past conservative voices here and appreciate the give-and-take offered by mtierney. 16,000 posts and counting. The thread serves.
The willful ignorance and tacit approval lobby is well served.
You understand that this thread is based on someone's opinion similar to an op-ed piece?
Klinker said:You understand that this is an op ed piece and not an editorial?
It’s neither. But, written by a member of the editorial board and placed in print where the editorial normally goes, it’s probably closer to the latter than it is to an opposite-page ed.
DaveSchmidt said:
Klinker said:It’s neither. But, written by a member of the editorial board and placed in print where the editorial normally goes, it’s probably closer to the latter than it is to an opposite-page ed.
You understand that this is an op ed piece and not an editorial?
Bingo! But I thought it was “opinion” — commentary in the Times is rarely opposite.
tjohn said:
What's your point. My take on the editorial, and a lot of people would agree with me, is that HRC needs to head to the home for failed politicians and submit to the judgement of history.
Mitt Romney is headed to the Senate.
Some of us, perhaps including mtierney, remember:
"This is my last press conference. You won't have Nixon to kick around anymore". That was 1962.
LOST said:
tjohn said:Mitt Romney is headed to the Senate.
What's your point. My take on the editorial, and a lot of people would agree with me, is that HRC needs to head to the home for failed politicians and submit to the judgement of history.
Some of us, perhaps including mtierney, remember:
"This is my last press conference. You won't have Nixon to kick around anymore". That was 1962.
If HRC makes a political return, I expect to see a lot of Phoenix birds in tears because that would put to shame their regeneration abilities.
tjohn said:If HRC makes a political return, I expect to see a lot of Phoenix birds in tears because that would put to shame their regeneration abilities.
Donald Trump is President of the United States. Anything is possible.
lord_pabulum said:
Klinker said:You understand that this thread is based on someone's opinion similar to an op-ed piece?
GL2 said:I'm not sure if I would describe her "contributions" here as "give and take". That said, she does stick around even if she insists on wearing a blind fold and sticking her fingers in her ears.
We might remember the "qualities" of a few past conservative voices here and appreciate the give-and-take offered by mtierney. 16,000 posts and counting. The thread serves.
The willful ignorance and tacit approval lobby is well served.
I’m goin’ with “a form of talk therapy.”
LOST said:
tjohn said:Mitt Romney is headed to the Senate.
What's your point. My take on the editorial, and a lot of people would agree with me, is that HRC needs to head to the home for failed politicians and submit to the judgement of history.
Some of us, perhaps including mtierney, remember:
"This is my last press conference. You won't have Nixon to kick around anymore". That was 1962.
In 1962, there was no internet, no telephone in every pocket, no 24/7 cable news, twitter, Facebook, and a lot of other stuff. He, amazingly, managed private life afterwards.Nixon would not have survived today’s reality.
Romney made a blunder decades earlier of putting his dog’s crate on the roof of his station wagon. He, his wife, 5 kids, and I think in-laws were in his car. It was his Achilles heel. Really, how silly was that? Effective, however. Expect a replay soon.
Even if certain agreements and trade deals need renegotiation, there are better ways to announce them, rather than so antagonistically, making out that everyone in the entire known universe and beyond is out to get you.... it’s incredibly tedious and energy-sapping to be constantly winding yourself up to full-blown fury all the time
https://www.bbc.com/news/business-45894346
I’m imagining the fallout of this measure on every household and small business, for the things that can only be imported or assembled with some imported items, and for personal international mail etc... (until it all settles, in several years, where upon its much more expensive in the other countries so still very unfair all round)
Joanne, the US Postal Service is in dire shape here. Stamps are going up to 55 cents soon, while folks choose to send emails instead of greeting cards and that very old custom of writing letters is non-existent. I really miss the exchange of letters. Now we text! POs are closing, mailboxes harder to find. The joke for a long time is that the government should give it up and let the postal service go private.
Your link exposes yet another example of government’s failure to run a business.
mtierney said:
Joanne, the US Postal Service is in dire shape here. Stamps are going up to 55 cents soon, while folks choose to send emails instead of greeting cards and that very old custom of writing letters is non-existent. I really miss the exchange of letters. Now we text! POs are closing, mailboxes harder to find. The joke for a long time is that the government should give it up and let the postal service go private.
Your link exposes yet another example of government’s failure to run a business.
gaaa - it doesn't matter what topic you pick, you're full of misinformation. You know nothing about how the postal service operates.
mtierney said:
Stamps are going up to 55 cents soon, while folks choose to send emails instead of greeting cards and that very old custom of writing letters is non-existent.
When you account for inflation, stamps cost the equivalent of 55 cents during the Reagan years.
when I was a kid growing up in Brooklyn, stamps cost 2 cents and 3 cents (depended whether the envelope was sealed or tucked in.) And penny postcards cost a penny! Of course, you could get a malted milk for 15 cents. We will never see those days again, I know.
But, during about three decades or so living in Maplewood, we had mail carriers who were on their routes for so many years, they became familiar faces and first names to parents on the block. You could leave your outgoing mail and they would take it.They also keep a watchful eye if someone’s mail piled up in case there was something wrong at a house.
What I do know is that the postal service is in trouble.
mtierney said:
when I was a kid growing up in Brooklyn, stamps cost 2 cents and 3 cents (depended whether the envelope was sealed or tucked in.)
When stamps became 3 cents in 1932, they were the equivalent of 56 cents today. The Postal Service must've been in even worse trouble.
mtierney said:
when I was a kid growing up in Brooklyn, stamps cost 2 cents and 3 cents (depended whether the envelope was sealed or tucked in.) And penny postcards cost a penny! Of course, you could get a malted milk for 15 cents. We will never see those days again, I know.
But, during about three decades or so living in Maplewood, we had mail carriers who were on their routes for so many years, they became familiar faces and first names to parents on the block. You could leave your outgoing mail and they would take it.They also keep a watchful eye if someone’s mail piled up in case there was something wrong at a house.
What I do know is that the postal service is in trouble.
But you have no idea why it's in "trouble". But you think you do.
mtierney said:
What I do know is that the postal service is in trouble.
I think you are in trouble
For 55 cents, I can have a letter delivered by the USPS to any address in the United States and it will arrive there in 2 days. How much does it cost to send a letter by Fedex?
The USPS is an absolute bargain.
The article is about international mail services, not domestic.
It’s not about postcards, not even about aerogrammes (they were fun to write and fold, but who even buys them these days??). It’s about international parcel post, bulk mail, shipping containers...
And my post was about the way a statesman introduces a topic for discussion, with politeness and finesse. In case you missed it. Not like a raging bull, foaming and crazed with some deadly virus he can’t help but pass on to all he spits on.
Joanne said: “The article is about international mail services, not domestic.”
That was obvious. Also obvious, to me, after reading the link was that it was about the United States Postsl Service.
Afraid “politeness and finesse” have been missing from the political scene here and abroad for a very long time.
RealityForAll said:
USPS Press Release states that USPS had a $2.7 billion loss for fiscal year 2017. See https://about.usps.com/news/national-releases/2017/pr17_069.htm
Did you read it, and in reading it know the basis for the accounting loss?
ml1 said:
For 55 cents, I can have a letter delivered by the USPS to any address in the United States and it will arrive there in 2 days. How much does it cost to send a letter by Fedex?
The USPS is an absolute bargain.
It's 50 cents (47 cents on stamps.com). It's your lucky day.
RealityForAll said:
USPS Press Release states that USPS had a $2.7 billion loss for fiscal year 2017. See https://about.usps.com/news/national-releases/2017/pr17_069.htm ===================================================================
So If I understand it correctly, they lost $2.7 billion on revenue of $69.6 billion which is a loss of 3.9% of revenue). So why don't they just raise their prices by 4% (so a stamp would be 52 cents instead of 50 cents) and they would break even.
Either the market would bear that because there is a demand for their services, or it won't and then they should go out of business. By the way, I would bet you it would be the former.
gerritn said:
RealityForAll said:So If I understand it correctly, they lost $2.7 billion on revenue of $69.6 billion which is a loss of 3.9% of revenue). So why don't they just raise their prices by 4% (so a stamp would be 52 cents instead of 50 cents) and they would break even.
USPS Press Release states that USPS had a $2.7 billion loss for fiscal year 2017. See https://about.usps.com/news/national-releases/2017/pr17_069.htm ===================================================================
Either the market would bear that because there is a demand for their services, or it won't and then they should go out of business. By the way, I would bet you it would be the former.
They can't. Congress mandates how much they can raise prices.
The Postal Rate Commission is recommending for the elimination of the price cap mandate. However, non-profits and bulk mailers (adverts, etc.) will fight it. While the deficit is blamed on the loss of first class mail volume, the real cost is bulk mailers. Almost all mail volume, as can be seen in our mail boxes, is bulk mail which have ridiculously low delivery rates.
Also, a significant cost, is "last mile" delivery, especially to RFD boxes. The postal service is mandated to deliver to that last mile unlike FedEx and UPS. FedEx and UPS at times hand over their letters to the postal service for that last mile recognizing the lack of profitable. And these are companies that charge for letters 10x what the postal service charges. The postal service is effectively forced to subsidize them.
ps - go to the FedEx or UPS office and insist they deliver your letter for 50 cents. You'll be laughed out of their offices.
nohero said:
RealityForAll said:Did you read it, and in reading it know the basis for the accounting loss?
USPS Press Release states that USPS had a $2.7 billion loss for fiscal year 2017. See https://about.usps.com/news/national-releases/2017/pr17_069.htm
And, in FY2016 the USPS lost $2.8 billion overall. I am attaching an excerpt from FY2016 and FY2017 financials which shows a loss from operations for FY2017, FY2016, FY2015 and FY2014 of $2.6 billion, $5.4billion, $4.9 billion and $5.3 billion. Absent the 2017 adjustment for workmen's comp liabilities (due to fluctuating interest rates), the USPS would have lost about $6.0 billion from operations in FY2017 (this assumes that FY2017 had the same charge for workmen's comp as FY2016, namely $2.6 billion rather than a FY2017 credit of about $0.8 billion).
The losses from operations are consistently bad and support the conclusion that the USPS currently has an untenable/unsustainable business model.
See attachments.
gaaa - the PO "loses money" because they are forced (by Congress - 2006) to pre-fund retirement benefits in a way required by NO OTHER business. It's right there in your pics.
If not for that clearly political attempt to destroy it, it would probably be profitable.
drummerboy said:
gaaa - the PO "loses money" because they are forced (by Congress - 2006) to pre-fund retirement benefits in a way required by NO OTHER business. It's right there in your pics.
If not for that clearly political attempt to destroy it, it would probably be profitable.
The pay-as-you-go* method for funding USPS retirement benefits prevents/ameliorates creation of unfunded liabilities for USPS pensions and healthcare of USPS retirees. My memory is that you have advocated the pay-as-you-go method for funding NJ government pensions. Please let me know if my memory serves me correctly.
*- historically social security has largely been a transfer payment. When SS was created, the idea was that workers and their employers would make employment tax payments that would be used to fund payments to the elderly and disabled at that point in time. In 1986 or thereabouts, the SS employment tax rate was increased markedly. Thereby, creating a surplus of SS receipts which lasted until about 2011. Thus, SS had a bit of a pay-as-you-go component from 1986 to 2011 (about 25 years). Since 2011, SS has had negative cash flow (the combination of money transferred to beneficiaries plus operating expenses exceeds cash-flow coming in).
RealityForAll said:
drummerboy said:The pay-as-you-go* method for funding USPS retirement benefits prevents/ameliorates creation of unfunded liabilities for USPS pensions and healthcare of USPS retirees. My memory is that you have advocated the pay-as-you-go method for funding NJ government pensions. Please let me know if my memory serves me correctly.
gaaa - the PO "loses money" because they are forced (by Congress - 2006) to pre-fund retirement benefits in a way required by NO OTHER business. It's right there in your pics.
If not for that clearly political attempt to destroy it, it would probably be profitable.
*- historically social security has largely been a transfer payment. When SS was created, the idea was that workers and their employers would make employment tax payments that would be used to fund payments to the elderly and disabled at that point in time. In 1986 or thereabouts, the SS employment tax rate was increased markedly. Thereby, creating a surplus of SS receipts which lasted until about 2011. Thus, SS had a bit of a pay-as-you-go component from 1986 to 2011 (about 25 years). Since 2011, SS has had negative cash flow (the combination of money transferred to beneficiaries plus operating expenses exceeds cash-flow coming in).
This sounds like a problem made up by Congress (read GOP). They want government to fail and to shrink, so they put constraints on it that make it fail, instead of treating it like a normal business. Raising their prices by 4% on average will solve this problem. I can send a letter to Denver for 50 cents with USPO. I just tried FedEx, couldn't find anything below $28. This is a made up problem. Like immigration.
mtierney said:
Romney made a blunder decades earlier of putting his dog’s crate on the roof of his station wagon. He, his wife, 5 kids, and I think in-laws were in his car. It was his Achilles heel. Really, how silly was that? Effective, however. Expect a replay soon.
Now I know you are "pulling our legs". That had nothing to do with Obama beating Romney. Not one person voted either way because of that. Just silly.
I'm not sure if I would describe her "contributions" here as "give and take". That said, she does stick around even if she insists on wearing a blind fold and sticking her fingers in her ears.
The willful ignorance and tacit approval lobby is well served.