posted on Sep, 18 2010 @ 07:48 PM
reply to post by Misoir
Some interesting facts with regards to the Fox spin:
FY 2008 (Latest I could find)
Pieces of mail handled 202.7 Billion
Revenues $75 Billion
Expenses $77.8 Billion
If we just looked at the $2.8 Billion short fall, it sure seems bad but the USPS does not run of taxes, it creates revenue.
I am trying to find the volume of mail/parcels FedEx and UPS handle. I know it is quite a bit less but how much I do not know. On top of that, UPS
plans to start using the USPS for some of its business. These facts do make for good "privatization" spin though.
I think the racist rebuff by the Senator was deserved but obscured the facts of initial argument. The original guest/speaker was an idiot.