| U.S. Postal Service: RIP |
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| Written by Douglas McIntyre | ||||||||||
| Tuesday, 16 June 2009 02:46 | ||||||||||
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The U.S. Postal Service, which has been dying for years due to the advent of the fax, e-mail, and overnight delivery, may finally be close to its last act. The agency lost nearly $2 billion in its last fiscal year and is faced with the serious consideration of cuts of up to 3,100 offices, potentially eliminating thousand of jobs. Media reports say that first class mail volumes are plunging. What is killing and will probably eventually finish off the Post Office? In a word: "broadband," the high-speed Internet system that the current Administration plans to build out in the next two years. Read More... Bookmark with:
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