September 21, 2010

GOP Rep. ISSA: Time for another government bailout - USPS

The predicament in which USPS finds itself is not uncommon. Because of the ever-increasing reach of the Internet and digital media, bookstores, record stores and DVD rental chains have all seen their customer base and profits decline dramatically. Unlike these other affected businesses, USPS cannot simply go out of business or declare bankruptcy. The need to downsize the labor force and reduce costs to reflect declining demand and new market conditions needs to be the first priority of both workers and management

Washington Times