On a lark… OK, OK. Not on a lark. Actually on a tweet from FancyTX about a developing Drudge post: “OBAMA ‘UPS and FedEx are doing just fine. It’s the Post Office that’s always having problems’” I did a quick check…
operating profit of $895 million on a 16.7% revenue decline for the second quarter ended June 30.
FedEx Corp. Reports Higher First Quarter Net Income
“FedEx increased its revenue and earnings against the backdrop of a sluggish U.S. economy,” said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer.
Postal Service Ends Second Quarter with $1.9 Billion Loss
The U.S. Postal Service ended its second quarter (Jan 1 – March 31) with a net loss of $1.9 billion, as the economic recession and longer-term financial pressures, such as the diversion of letter mail to electronic alternatives, continued to reduce mail volume and revenue. Despite aggressive actions to reduce costs and grow revenue, the Postal Service will likely face a cash shortfall of over $1.5 billion at the end of the fiscal year.
Yeah, please gimme some o’ that good old gubment healthcare. I’m sure it will be really, really good…
Update: And here’s the video:
And so the government isn’t going to subsidize this? Oh, cool! So that whole CBO stuff about it costing a cool quarter trill was a gaffe of some sort? That’s good to know. Then please, do go on!
Ha! I actually LOL when I read that - really, I’m not just writing LOL - I actually did. Diet coke almost came shooting out of my nose. It wasn’t the stats - those just got me more fired up. It was that last line… Keep up the good work!
I live in Canada where we have a single payer only system. The wait to see an internal medicine doctor is between 12 and 20 months in my city, and that’s just the first consultation - if you need tests or surgery you are looking at another 6 months to a year. The problem is, after six months of an affecting problem, you can run into major problems. It makes me laugh when I hear americans talking about public health care being good for their citizens
Ridiculous how inefficient the USPS is. They charge so much that my business can’t afford to use them (We use UPS Ground). How they charge so much and LOSE money is beyond me.