i bet you got this 80% bullshit from the PO or the Dept Of Labor or some other Govt agency....i bet they DID NOT tell you how much money Manegment wastes every year...did they?....the only thing that needs to be cut is the number of Chiefs they have....which they have way to many that have NOTHING and i repeat NOTHING to do with moving the mail...OR i might add with running the Company....if you wanna know about jobs being created to give someone something to do,because they have nothing for this person to do OR this person is so useless they cant do any of the established jobs,SO they make a job that this moron can do...if you wanna know about that..the PO is the master at that.....and it is always a job that most of us cant believe ...is a job paying a damn good wage.....thats what i call excessive pay.....
The USPS is required to produce financial statements. Anyone can look them up, although you may need somebody who can translate financial concepts into Leftwing Hyperbole for you to grok them.
For the 2008, Compensation, Benefits and Retiree Health Care cost was over 81% of revenues. Get an abacus and do the math for yourself, or get your attendant to help you.
FINANCIAL STATEMENTS
lets put it like this Bo....its real easy to say the workers cost to much,especially at contract time....but yet they have NO problems giving their Managers some pretty hefty bonuses,even in the bad times....they have NO problems spending money on things that are not needed,like these GPS units they are going to install,at this time when they say they are broke....they have NO problems,sending 4 people making 70 thou a year to Audit an office,and these people just walk around telling the Supervisors that this should not be here,and this word on the case were misthrown mail is put is not the proper term the PO uses,BS things like that......they have NO problems spending MILLIONS to condense the cases were we put up our mail,to be told by every carrier and Supervisor that we cant do that, they wont be able to get the daily mail up and ready for delivery,IT ALL WONT FIT IN THE CASE....but they did it anyway....and low and behold mail was now being cut back in droves because of the obvious.....3 months later they had to put things back like it was....but guess what...they threw away all the equipment....so now they had to spend who knows how much to purchase new stuff ......and all kinds of OT for the carriers to catch up on the delayed mail.....you have to work in this place to fully understand what im talking about....Management waste is their main problem....