State Budget Troubles Worsen — This can’t be good.
States are facing a great fiscal crisis. At least 44 states faced or are facing shortfalls in their budgets for this and/or next year, and severe fiscal problems are highly likely to continue into the following year as well. Combined budget gaps for the remainder of this fiscal year and state fiscal years 2010 and 2011 are estimated to total more than $350 billion.
Found by John Ligums.
#29–thermo==the USPS is one of the best run businesses around. So well run and efficient that it gets saddled with all kinds of other “mandates” that special interests have secured and with all of that, it is still extremely well run.
USPS == letter == 42 cents
Fed Ex = letter == $6 Dollars
I think your “model” falls apart real fast. For profit adds on a lot of rip off “profit” on top of the “reals means of production” in about a 12 to 1 ration to the waste (extra services not actually required) caused in governmental services.
Thank You for making my point. We find the same thing occurring where ever there are comparable government vs private enterprise. Shocking really.
@bobo – why don’t you learn your facts. FedEx and UPS are not allowed to deliver standard letters. They are banned from doing so by the government. They only way they can get around this is by offering a time sensitive parcel service. If they were allowed to deliver standard post, they could deliver a letter for $0.27 AND make a profit at this price. How can you say that the USPS is well run when they charge $0.42, raise rates every year, and LOSE money every year and need to be subsidized by our tax dollars to make up the loss. Idiots like you is the reason why the country is in such trouble. You are proof of a public education system spends money and produces morons. Private schools cost less than public schools and at least produce intelligence. This is another example where the budgets can be cut.