USPS: The cursed carriers

posted by
February 14, 2012
Ludwig von Mises Institute
by Brian Anderson  
Posted in Commentary

"For the past five years in a row, the USPS has had a negative net income in the billions with a record loss of $8.5 billion in 2010, up an entire $4.7 billion from the 2009 alone. These failings easily led to the organization's recent placement on the Government Accountability Office's list of high-risk institutions. Meanwhile, private agencies like FedEx and United Parcel Service are growing fantastically each year, even with the current restrictions set against them." (02/14/12)

http://mises.org/daily/5891/USPS-The-Cursed-Carriers  

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