Post office reports record loss of $1...

Post office reports record loss of $15.9B for year

There are 1 comment on the The Signal story from Nov 16, 2012, titled Post office reports record loss of $15.9B for year. In it, The Signal reports that:

The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy.

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Sheik Yerbouti

Richmond, IN

#1 Nov 16, 2012
The post office needs to be prepared for even more losses. The internet has changed the way most people communicate and pay bills. The only mail I get are ads ads, bills and other junk mail. One mail carrier said that most of the mail he delivers is junk mail. I hate to see people lose their jobs especially living wage jobs with benefits but the post office is going to have to make some severe cutbacks. They need to get rid of their affirmative action program too!

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