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MNN.COM › Money › Sustainable Business Practices
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    What's this?
Postal service going broke, could shut down by winter
As the postal service considers closing branches to save money, rural communities are struggling with the impact of losing their post offices, which often serve as gathering spots for friends and neighbors.

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poland.jr's picture
poland.jr Sep 12 2011 at 6:41 AM

This possibility (inevitability) has been coming for a long time. When a service or a product is provided at less than its cost; financial disaster is sure to follow.

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tarrant's picture
Tarrant Sep 12 2011 at 9:40 AM

I think the restrictions the postal service has on a business model really impacts the overall ability of it to survive. It troubles me that the one of the biggest factors in the financial straits the USPS faces is caused by the prefunding of the future retiree health benefits. This isn't, as I understand it, a typical practice.

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