USPS sees $8.5 billion loss, warns Congress it'll be broke by 2011

The financially troubled U.S. Postal Service reported an $8.5 billion loss in the fiscal year that ended in September and said it will run out of money in 2011 if economic conditions don't improve and Congress doesn't act.

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Created by Takeshi Kovacs 2 years 27 weeks ago – Made popular 2 years 26 weeks ago
Category: Economics Tags:

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so?

GraftonPond4Life 2 years 25 weeks 5 days 20 hours ago

why are they crying to congress? Second couldn't they ship their own gas in from a middle eastern nation and save a lot? The USPS delivers on saturday thats gotta cost something plus they have people working the lines on holidays, couldnt that save some loot? It might be cheaper to feed horses.

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They should give the USPS a

rancemuhamitz 2 years 26 weeks 6 days 9 hours ago

They should give the USPS a monopoly on email, and charge 50¢ per message. That would surely bring things into the black!

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