U.S.: U.S. Postal Service: Desperate times call for desperate measures
- $20
billion the amount of money the struggling U.S. Postal Service has lost in the past four years — including $8.5 billion last year alone - 120,000 workers number of employees the struggling postal service has proposed cutting to stave off their financial issues; did your e-mails do them in? source
- » No more federal health care? If you’ve been following the U.S. Postal Service’s financial situation closely, you might know that part of the reason they’ve been struggling involves high pre-paid health care costs, an issue that cropped up due to a federal law forcing them to set aside a large amount of money for health care. This means that they can’t use any of the money to, you know, do anything else. Now the USPS says they’d be better off getting off the federal plan and doing private health care and pensions instead. They say it’s cheaper. Was that whole thing a ploy to get them further off the federal dime? They’re independent, you know.