The Post office is $2.8 billion in the red. The U.S. Postal Service considers cutting delivery service in the face of dwindling mail volume and rising costs. The price of a first-class stamp will rise to 44 cents on May 11, 2009.What’s the reaction to all of this? The postmaster general received a big pay raise and a performance bonus last year, all authorized by Congress. Postmaster General John Potter’s base salary climbed to $265,000 last year from $186,000 in 2007. He also received a performance bonus of $135,000. In all his total compensation – salary, bonuses, retirement benefits and other perks topped $850,000, according to a spokesman with the U.S. Postal Service.
The President and other’s in congress talk about private corporations being out of touch. How about our representatives in Washington. The ones that are not millionaires, soon become millionaires after they leave office. These government servents are putting us all into debt forever. Perhaps they should take pay cuts and the millionaire congressmen can work for $1 dollar a year in salary.