The 238-year-old Post Office intitution lost almost $16 billion in the past year, ran into its legal borrowing limit and defaulted twice on required payment
to the federal government.
While they say they have tried to scale back expenses, the Postal Service has been banking on Congress passing legislation to overlook its debts.
Instead they have been told to overhaul its operations and get on sound financial footing.
As an antiquated system that has been totally controlled by the APWU (American Postal Workers Union) for many years, they don't get it that their outdated organization is doomed!
Rude employees, who are allowed to run rampant over customers (they don't seems to see them as customers, only problems they don't want) and nothing ever changes.
They make a lot of money for being clerks, and the Postal Service cannot afford all the retirement benefits the union has negotiated.
We feel they are getting closer to contracting the entire system out to a well-organized business like UPS and FED-EX, who understand you can't suck money off the taxpayers to pay your union clerks high wages.
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