Earlier quoted context omitted.
That first article is severely stretching the definition of "getting money". Virtually all of the alleged $18B is attributed to the law that gives the USPS jurisdiction over your mailbox. The second just reflects Congress's attempts to deliberately hobble the USPS in 2006 by requiring them to suddenly pre-fund their pension obligations. https://www.uspsoig.gov/blog/be-careful-what-you-assume https://www.bloomberg.com…
> hobble the USPS in 2006 by requiring them to suddenly pre-fund their pension obligations Maybe it's a flawed methodology (arguable), but being fiscally responsible about pensions is something that should be encouraged. In California pension liabilities are out of control and at impractical levels, causing all sorts of havoc and manipulation (corruption). https://www.vcstar.com/story/news/2018/12/07/governor-jerry-.…
No More Cheap Shipping for Chinese Sellers
191–200 of 508 posts
Re: No More Cheap Shipping for Chinese Sellers
#192Earlier quoted context omitted.
There's no baiting here. The guy says he's very leftie, but says something that sounds the opposite. I was curious.
Don't confuse "leftism" for "authoritarian" or "welfare capitalism." I advocate neither.
Re: No More Cheap Shipping for Chinese Sellers
#193Ouch for AliExpress.
Re: No More Cheap Shipping for Chinese Sellers
#194Earlier quoted context omitted.
> hobble the USPS in 2006 by requiring them to suddenly pre-fund their pension obligations Maybe it's a flawed methodology (arguable), but being fiscally responsible about pensions is something that should be encouraged. In California pension liabilities are out of control and at impractical levels, causing all sorts of havoc and manipulation (corruption). https://www.vcstar.com/story/news/2018/12/07/governor-jerry-.…
If fiscal responsibility were the goal, they'd have required the other federal agencies to do the same. That this specifically targets one of the few agencies ripe for potential privatization is... suspicious. Even if it made fiscal sense, the sudden switch is problematic.
That's not how the Federal government works. It's a LARGE organization that sometimes have people with philosophies align. There is no chance that the military would prefund pensions. I think that, toward the initiative to make the USPS free of subsidy now and in the future, it made perfect sense. The USPS workers used to talk about everything moving electronic, but that's not happening in our lifetime. 50 years is just "the near future", respectively.
Re: No More Cheap Shipping for Chinese Sellers
#195Can someone shed light on the subsidy structure behing the current model, are shipments from China being subsidized by shipments from other countries or is there government money involved ? In any case this kind of subsidy is not necessarily bad for developing countries, and it was probably instrumental in China's phenomenal economic growth, but it is now in the conquering superpower category, it's time it loses this…
why?
Re: No More Cheap Shipping for Chinese Sellers
#196Re: No More Cheap Shipping for Chinese Sellers
#197I just got an email from eBay Main Street, which is eBay's mailing list for political issues which affect their sellers. This email is tells me to call congress to NOT withdraw from the Universal Postal Union, under the logic that it will make it harder to ship stuff from the US to other countries.
Of course this is bad for eBay, and perhaps etsy, shopify and others. The flood of direct-from-China sellers selling cheap products and shipping for free (on USPS's dime) will stop.
Honestly this is disastrous for etsy, but maybe it'll help them get back to their roots and be useful again.
Re: No More Cheap Shipping for Chinese Sellers
#198Re: No More Cheap Shipping for Chinese Sellers
#199Earlier quoted context omitted.
> hobble the USPS in 2006 by requiring them to suddenly pre-fund their pension obligations Maybe it's a flawed methodology (arguable), but being fiscally responsible about pensions is something that should be encouraged. In California pension liabilities are out of control and at impractical levels, causing all sorts of havoc and manipulation (corruption). https://www.vcstar.com/story/news/2018/12/07/governor-jerry-.…
Fully funding pensions out to 50 years in the future goes beyond "fiscally responsible". Consider that the nominal working lifetime of an employee is only 47 years (18 - 65) -- they're being required to fund pensions for hypothetical employees who are still in high school.
Having more money in the bank than you take out for a car loan is fiscally responsible. Not exactly. More than. That's WITHOUT your holdings (bank account balance) being subject to market forces, which is a compelling reason.
Re: No More Cheap Shipping for Chinese Sellers
#200Having bought a couple drop-shipped goods from China, I, for one, won't miss it. The most noticeable effect I have seen is scammy listings on eBay and Amazon, unresponsive sellers, and unreliable delivery time. I have not seen any arguments of the form "but the price of X will go way up."
>Having bought a couple drop-shipped goods from China, I, for one, won't miss it. I will, China makes good stuff depending on if you do your research to what's quality and is just a cheap piece of crap.