All of this money that USPS is losing?
The financial outlook for the United States Postal Service (USPS) remains dim, with this week’s announcement that it incurred a record net loss of $15.9 billion for fiscal year 2012, compared to a $5.1 billion loss in fiscal year 2011.
Go to this post office today, tomorrow, and even after the holidays, and you will find a line that takes forever........
The United States Postal Service stayed the sword hanging over thousands of rural post offices, opting instead to cut opening hours in a bid to stem devastating financial losses.
First of all, there is nothing wrong with a government organization running at a loss—the government is not a business. Secondly, if cuts are to be made, they should begin and end with services in the rural areas. Give those people the government they are always voting for.
