After decade of fiscal malpractice, more enormous losses at Postal Service
The Post Office actually exists in order to generate public employee union gifts to politicians. This is the only reason it survives.
(From The Hill)
The latest Postal Service financial statement out this year reported a net loss of $1.5 billion for the last quarter of 2018, a 178 percent higher loss than the $540 million quarterly shortfall for the last quarter of 2017…
Reprinted from: https://www.ac2news.com/2019/04/after-decade-of-fiscal-malpractice-more-enormous-losses-at-postal-service/