I believe an important part of our American heritage is being systematically dismantled and demolished for no reason other than greed. I am referring to the United States Postal Service.
It is a treasure that was written into our Constitution thanks to Benjamin Franklin. Due to his farsightedness it was not privatized but made available as a service to “We the People.” I believe it is now under attack by those who want to make personal profit at the expense of the rest of us.
In 2006 Congress passed the Postal Accountability and Enhancement Act. This act says that the Postal Service must pre-fund its retiree benefits for the next 75 years, and do so in only 10 years! This means the Post Office must show a profit of more than $5 billion a year for those 10 years and to put it all into the retirement fund. Last year their $1.5 billion profit showed up as a loss because there was not enough money to go into what I believe is an outrageous retirement fund demanded by Congress. No other business must prepay their retirement costs for 75 years in advance, not Boeing, not GMC, not Hobby Lobby. What sense does this make?
Please write your Congressmen and ask them to work to get rid of this hideous law. You can also go online to agrandalliance.org for more information.
Never miss a local story.
Losing this treasure, our Postal Service, will not benefit our country.