12/03/2011

Price hikes, big operating deficits, and now even slower delivery

When a private company's products aren't selling does it raise prices and reduce quality? That is the way that government operates. Beyond ending Saturday delivery and raising prices, they are now saying that overnight delivery for even short differences is a thing of the past. From Fox News:

The Postal Service on Monday plans to formally propose eliminating "overnight standards" for first-class mail, as it makes sweeping changes in a bid to avoid insolvency.
Sue Brennan, Postal Service spokeswoman, confirmed to Fox News that the service is moving forward with the overnight standard change. If approved, it means first-class mail would generally take more than a day to reach its destination.
"For example, D.C. mail to Northern Virginia could take an additional day," she said. . . . .

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