Postmaster General Says USPS May Shut Down In A Year
Washington, DC - The post office has been around since before the signing of the Declaration of Independence. In its early years, no one ever asked how much profit it would make. The need of the people to have a means of cross-country communication and of businesses small and big to have the same was paramount.
So, over the centuries, a public entity, the Post Office, was built and expanded. It met that need and, in so doing, made the U.S. a more democratic nation by providing everyone equal access to a vital service. The USPS is totally unlike FedEx or UPS—private entities that lay off thousands of workers when the profits of top executives are not high enough.