This is going to be a relatively short post because when it all boils down to it, its a really simple solution.
To make things clear, I can understand why the bill that was passed by Congress (designed to 'save' the postal service) was actually passed. I really do. And asking the USPS to pre-fund the retirement account is actually a good idea. The BIG, REALLY HUGE issue with it is the time frames used. Let me ask you a question.
How many businesses do you know that would be able to remain profitable when they have been mandated to pre-fund 75 years of retirement benefits in 5 years? The Big Oil companies and Apple are the only ones that come to mind for me, and even then that's a bit of a stretch.
Now on the other hand, if you were to ask the USPS to pre-fund say 10 years of benefits in those same 5 years (and set the language up in the bill so it would be up for renewal every 10 years), would the Post Office be in the mess its in now? Probably not. I suspect it would be at least breaking even or remaining a profitable entity.
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