It will run out of money in August if Congress doesn’t act. Even if lawmakers come up with temporary fixes, the long-term outlook is stark. In the Internet Age, regular mail service can’t continue as is.
“We’re going down an unsustainable path,” says Robert Carbaugh, an economist at Central Washington University in Ellensburg, Wash., and coauthor of a 2011 post office study.
The squeeze puts postal customers in a difficult spot. Do they want a leaner system? Postal Service closings? And possibly slower delivery? Or do they want one that relies on taxpayer funding?
Click the link below for the full article…..click this link for a story about privatized/competitive postal delivery service.
- U.S. Postal Service Bailout to Cost Taxpayers $11 Billion! (wealthwire.com)
- Senate approves changes to the U.S. Postal Service (amarillo.com)
- The Bailout Of The US Postal Service Begins: Cost To Taxpayers – $110,000 Per Union Vote “Saved Or Gained” (blacklistednews.com)
- Why The Postal Service Doesn’t Want To Be Rescued (wnyc.org)