Saturday, May 28, 2011

The US Postal Service is a dinosaur.

Is it on the verge of extinction?

Surely not.  But it is on the brink of bankruptcy, as described in this must-read article.  The article contains several almost unbelievable passages.  Here's one example:
Joanne Veto, a USPS spokeswoman, said in an e-mail that the USPS had hired outside consultants who examined some of these digital mail offerings [offered by other countries] and advised the agency not to pursue them: "While foreign posts did make money by diversifying their products, it took as many as 20 years before a profit was realized. In the short term, there was limited or no profit. We do not have 20 years."
So, let me get this straight:  Other countries started doing this twenty years ago??  And our excuse for not starting it now is "it will take too long"?

Good grief.

The future of the USPS

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