The Postal Service is warning it will lose as much as $18.2 billion each year by 2015 if Congress doesn’t give it leeway to eliminate Saturday mail delivery and make other service cuts.
In a letter to Congress, Postmaster General Patrick Donahoe describes a five-year business plan that reiterates the mail agency’s proposals to switch to five-day delivery, close up to 252 mail-processing centers and 3,700 local post offices and slow delivery of first-class mail.
He says the proposals would allow the agency to save $20 billion a year by 2015 and repay its $12.9 billion debt to the Treasury.
Read more at Official Wire. By Hope Yen, AP.
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This is the best example we can have. Anything run by the government…FAILS!
So, let’s close our eyes on the events now occurring in Europe. If our government does it,it will surely be different….yea, right!
ftrapani