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FedEx and UPS put lots of money behind forcing the USPS to pre-fund union pensions. The goal was to both weaken the postal service, which was trying to move int
by dsl 13y ago
FedEx and UPS put lots of money behind forcing the USPS to pre-fund union pensions. The goal was to both weaken the postal service, which was trying to move into "fast" shipments (1-2 day vs. the usual week+), and demonstrate that unions were bad for businesses in the delivery industry.
- deleted 13y ago[deleted]
- hnam 13y agoThe American Postal Workers Union is against the law that requires USPS to pre-fund pensions. http://www.apwu.org/news/webart/2011/11-015-prcletter-paea_report-110202.htm http://www.apwu.org/news/webart/2011/11-015-prcletter-paea_r...
- eggnet 13y agoI don't see how this is relevant.
- hnam 13y agoHe said: "The goal was to both weaken the postal service, which was trying to move into "fast" shipments (1-2 day vs. the usual week+), and demonstrate that unions were bad for businesses in the delivery industry." I am pointing out that the unions hate the law because they see how terrible it is.
- dsl 13y agoThe unions opinion doesn't matter. The only thing people know about the situation or will remember is "the union took all the money."
- eggnet 13y agoOf course it is terrible for the unions. It exposes the true cost of pensions which will weaken their position in future negotiations. It is in the union's best interest to hide the cost of the pensions for as long as possible, with the likely result of taxpayers funding pensions.