Post Office delivers bad news -- Remember when Barack compared his wonderful healthcare plan to the U.S. Postal Service? And meant it as a good thing? WaPo: "The U.S. Postal Service reported $2.2 billion in losses during its second quarter, continuing several quarters of historic losses amid declining mail volume and financial obligations to prefund worker retirement benefits. Postal officials said Tuesday that the mail agency is still on course to lose about $7 billion when its fiscal year ends in September." In other news: For the first time in history, Obamacare will use the government to make something cheaper and more efficient. Just kidding! The best medicine is laughter.
Wednesday, May 11, 2011
Will Obamacare Work Any Better Than The Post Office?
Better hope so (from the Daily Caller):
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1 comment:
No company or agency has to prefund retirees health benefits. It cost the Postal Service 5.5 billion a year. The PO would have been profitable if it was not for that.
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