I must apologize to Team Sergeant for
this response above.
I should never have trivialized his assessment of the postal service, citing a paltry $5B, when there was
this.
From the AP story cited:
Quote:
The struggling U.S. Postal Service is reporting a record annual loss of $15.9 billion.
Well, that explains everything.
The financial losses for the fiscal year ending Sept. 30 were nearly $11 billion more than the previous year.
Consistent achievement of the annual performance metric; what an outfit!
Postmaster General Patrick Donahoe says the large losses cannot be sustained.
All evidence to the contrary.
|