Do liberals favor $50 billion USPS bail out?

A bill co-sponsored by Senators Tom Carper of Delaware and Susan Collins of Maine, the Chairman and ranking Member on the postal oversight committee. They want to toss a $50 billion to $75 billion life raft to USPS by having the feds underwrite pension obligations for currently retired postal workers. We hope the tea party folks are paying attention because this bailout would cost about three times the first-year savings from the just-completed 2011 federal budget deal.



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Postal unions say this is justified because it would cover retirees who earned pensions prior to the 1970 law that reorganized the postal system. That measure converted the old government-run Post Office into the current government-sponsored enterprise that is supposed to operate like a business. That deal handed assets worth tens of billions of dollars to the Postal Service, and the historical record is clear that in return the retirement costs were to be borne by USPS鈥攏ot by taxpayers. Given that there are well-organized postal workers in every Congressional district, a Carper-Collins bailout may be coming.



This giveaway would be especially infuriating because postal workers already enjoy a 30% to 40% edge in pay and benefits over comparably skilled private workers, according to the Postal Service's own economic analysis. Bureau of Labor Statistics data indicate the average hourly compensation for postal union members is $41 versus $28 for private industry. Postal workers also contribute far less than private workers and even less than other federal workers to cover health-care costs.Do liberals favor $50 billion USPS bail out?
The post office is in the constitution. Do you care about the Constitution? As a liberal I do.Do liberals favor $50 billion USPS bail out?
I would rather depend on the USPS than a fleet of brown trucks driven by people dressed like Buster Brown.