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Subject: Post Office woes
Posted by: Perm Dude
- [420241913] Tue, Oct 11, 2011, 12:53
Bob Sullivan demonstrates that it isn't the Internet as much as twisted government regulations making the PO stay in the red, by forcing them to pre-pay the next 75 years of health care benefits for its employees over ten years.
Take away that stupid government accounting (designed, in part, to use PO revenue to cover part of the deficit, even though it is never supposed to be mixed) and the PO made a profit. |