General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS Postal Service "Executives" make more money in salary than the Secretary of Defense...
...or US Congressmen/women ...or US Senators...
http://www.fedsmith.com/article/3312/highest-paid-us-postal-service-employees.html
TheWraith
(24,331 posts)Even if you clipped all those salaries down under 100k, the savings would not be enough money to make up even a tiny fraction of the USPS shortfall. That's due to the pre-funding requirement for the pensions.
orpupilofnature57
(15,472 posts)instead of contributing to Overpaid executives salaries ,there would be no shortfall ,executives punishment for running institutions in the ground ,bonuses.
TheWraith
(24,331 posts)The shortfall is many BILLIONS of dollars. Billions, with a B. All these salaries together are less than one percent of the shortfall, a shortfall exists because the USPS is being placed under a hugely unreasonable expectation of funding their pension programs vastly in excess of what's expected of any other agency. It's an artificial crisis.
matmar
(593 posts)TheWraith
(24,331 posts)The Post Office was doing fine until they were placed under ridiculously unrealistic requirements for funding their pensions, which no other agency is required to abide by. That's what's strangling the Post Office.
matmar
(593 posts)2006 when the PAEA was passed.
These Postal Nostradamus' didn't see the oncoming speeding locomotive.
girl gone mad
(20,634 posts)The function of the USPS isn't to "bring in more revenue"...it's a "service" not a capitalist enterprise.
Zanzoobar
(894 posts)jberryhill
(62,444 posts)Luminous Animal
(27,310 posts)are not terribly high for executive positions.
rustydog
(9,186 posts)Your point is....
matmar
(593 posts)...and the poor decisions they've made.
bhikkhu
(10,718 posts)...that's actually good - excellent, in fact. If the salaries of the guys at the top in other US corporations were held to 10 times the average salary, this would be a completely different kind of country. That 10-1 ration is an outstanding number for any industry in any country.
So - find something real to complain about!