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---- U.S. Postal Service facing insolvency due to new technologies


amznVibe - 4:27 am on Jul 31, 2009 (gmt 0)


What percentage of USPS overhead is employee cost?

I remember incredibly high dollar per hour wages for even new hires and gold plated health insurance and pensions which always made me wonder why any of them would "go postal" unless my memory is very wrong.

Maybe they need to do a Detroit-like reboot.

All I know is UPS prices will go insane if USPS goes under.


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