Wednesday, February 06, 2013

No More Saturday Mail Delivery


From the AP, "The U.S. Postal Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion, the financially struggling agency says."

The completely broke U.S. Postal Service, which last fiscal year lost $16 billion, will eventually have to be bailed out by the government.  (Just like Fannie Mae, Freddie Mac, and Wall Street.)  Stopping mail delivery one day a week, with the exception of packages, will simply buy some time, not much, for the 500,000 postal workers.

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