the US Postal Service is probably just fineI'd buy stock if I could
The agency is facing a potential nearly $7 billion loss this fiscal year despite a 2-cent increase in the price of stamps in May, and cuts in staff.The post office issued a statement saying: "The GAO High Risk List announcement accurately reflects our current financial reality. Securing the fiscal stability of the Postal Service will require continued review of retiree health benefit prefunding, as well as gaining flexibility within the law to move toward five-day delivery, to adjust our network as needed, to develop new products the market requires and to work with our unions, mailers, stakeholders and Congress to meet the challenges ahead."
But, but, but, mr obama told me there were green shoots?