Scott Shackford on the Decline of the Postal Service
Credit: Library of CongressThe U.S. Postal Service (USPS) did not fare well
in 2012. Costs, losses, and debts rose as the volume of mail
continued a decline that began in the middle of the last decade.
Now the USPS is warning that without help from Congress, it will
run out of money by the end of October. Scott Shackford examines
the Postal Service’s long, hard fall.
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