Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless

[merrill]

Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless........just like his VP choice.

 

[citygator]

Pretty succinct and to the point.

 

[Toro]

Man, is Trump ever old.

Older than any other Presidential candidate ever!

And have you ever listened to his speak? He's on the verge of dementia.

Very Old Man Trump!

 

[Dont Taz Me Bro]

Neither party has done a good job managing spending.

 

[whitehall]

Gas was about a buck eighty when Trump left office and Ukraine and Israel weren't threatened. If that's an example of useless I'll take it.

 

[jotathought]

Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless........just like his VP choice.

Trump is roughly the same age Biden was four years ago, and it was okay then, as well as the last three and a half years. Why is ageism suddenly a thing? The same goes for Bernie Sanders.

 

[1srelluc]

Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless........just like his VP choice.

 

[jbrownson0831]

Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless........just like his VP choice.

Try some Lume in those crevices where the desperation stink is emanating strongly.

 

[merrill]

Trump is too old and seldom is coherent plus he cannot manage tax dollar spending thus he is useless........just like his VP choice.

Millions of Americans are still counting on the Postal Service to safely deliver their paychecks, life-saving medications, letters from their loved ones, and more.

Louis DeJoy must go because he is pissing off republicans.

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So why is the USPS struggling financially?

A lot of people point to the rise of email, as well as private competitors like FedEx. Certainly, all those things contribute to USPS's problems. But what's really dragging down the Postal Service is something else entirely.

Namely, the Postal Accountability and Enhancement Act of 2006.

Passed by a Republican-led Congress and signed into law by President George W. Bush, the PAEA gave the Postal Service new accounting and funding rules for its retiree pension and health benefits. Up until 2006, the USPS funded those obligations on a pay-as-you-go-basis, pulling out of its pension fund and adding to it as retirees' costs came in. But the PAEA required the Postal Service to calculate all of its likely pension costs over the next 75 years, and then sock away enough money between 2007 and 2016 to cover most of them.

This is one of those ideas that sounds responsible on the surface but is actually pretty nuts.

Consider your average 30-year mortgage. What if you had to set aside a few hundred thousand dollars right now, enough to pay the whole thing, even if you were still going to make payments over 30 years? No one would ever take out a mortgage. That's the whole point: the costs only come in over time, and the income you use to pay them comes in over time as well. It works exactly the same for retiree pensions and benefit funds. Which is why, as economist Dean Baker pointed out to Congress, pretty much no one else does what the PAEA demanded of the Postal Service.

Meeting Congress' arbitrary mandate required putting away an extra $5.6 billion per year. "It is equivalent to imposing a tax of 8 percent on the Postal Service's revenue," Baker said. "There are few businesses that would be able to survive if they were suddenly required to pay an 8 percent tax from which their competitors were exempted."

How George Bush broke the Post Office

If Trump really wants to fix USPS, he should look at how the Republican government of 2006 destroyed it in the first place

theweek.com

 

[dudmuck]

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