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Washington Post (April 15, 2013)

2013/ 04/ 16 by jd in Global News

β€œThe U.S. Postal Service (USPS) faces a financial death spiral. Burdened by excess infrastructure, outmoded regulations and high labor costs β€” not to mention facing digital-age obsolescence β€” USPS posted an operating loss of $15.9 billion in fiscal 2012 and is on course to lose an estimated $7.9 billion in fiscal 2013.”

 

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