₦airaland Forum

The current situation of the organization is obviously a major problem, not just for the Postal Service, but for the country. The U.S. Postal Service employs 653,000 people, and with the national unemployment rate already running over 9%, the country can't afford to lose more jobs. Thanks to the Postal Service's generous benefits and pensions, moreover, these are "good" jobs--ones that pay employees far better than they might get from private organizations.

But these jobs are one reason the U.S. Postal Service's labor costs are 80% of its total expenses, versus an average of 53% and 35% for private competitors like UPS and FedEx, respectively. And they're also the reason that the only way out of the U.S. Postal Service's current mess is to vastly restructure its operations, reducing the organization's workforce and labor costs.

If the U.S. Postal Service were a private company, the solution here would be simple (if painful). The organization would file for bankruptcy and be completely restructured. Many services and jobs would be changed or eliminated, and the organization would be "right-sized" for the new reality, just the way car companies like General Motors were three years ago.

This would obviously be a very painful process, especially for those work for the USPS. Over the long haul, however, it would be healthy, not just for the organization but for the broader economy. Devoting so much productive capacity to delivering pieces of paper when technology is making much of this unnecessary is not helpful for the economy long-term. It just preserves an anachronistic tradition. Just as the economy transitioned away from farming to industry, the economy will eventually transition away from the physical delivery of mail. This transition will take time, but it will happen, and the economy will eventually be stronger for it.

The U.S. Postal Service is projected to lose $11 billion this year, and it's running out of cash.

Barring a bailout or massive restructuring, the Postal Service says, the organization may stop operating early next year.

That's a frightening thought. But it's also one designed to get everyone's attention. And now the question will be whether anyone with the power to do anything about it actually does something intelligent.

Approaching this problem intelligently starts with analyzing what's wrong with the USPS. And the answer, according to the New York Times, is twofold:

•The volume of physical mail has dropped more than 20% in the last five years and is projected to keep on dropping, thanks to vastly more efficient information delivery via the Internet
•The US Postal Service's compensation and benefits contracts with its employees leave it unable to reduce its costs fast enough

I have more intelligence report than even Nigeria itself.

my lil brother had 12 people working for him in the business i trained him in and opened for him before he decided to leave and now lives with his familly in the west without any regrets!! so??

the child n the mother will be at the hospital for 3days at a cost of $25,000.00

I have more intelligence report than even Nigeria itself.

I’ve been estranged from my parents for 12 years; I didn’t want to have an arranged marriage – I left home when I was 18. I knew what was expected of me by my family by a certain time – marrying a cousin or someone who had been chosen for me. But I just wanted to make something come alive - I didn’t want to be married to someone I didn’t love or who didn’t love me. My parents used to say to us “Who’s going to marry our children? - They’re Albino!” It felt like they were belittling us and devaluing us because of our Albinism. It felt like they were going to marry me off with someone from Pakistan who would feel that that I owed him a favour for marrying me. I didn’t like my parents’ attitudes towards us. It was hard to digest. I still feel it was the right decision to go. It’s been tough. It was something I thought about for a long time before leaving. I don’t have any regrets, apart form losing my family. I had to feel comfortable in my own skin.