US Post Offices possibly closing, according to reports ~ USPS could eliminate over 600 post offices nationwide.Here's the deal the Postal service will face a $7 billion loss at the end on 2009. The Postal stamps increases every year,but that's still not enough money to fight the deficit.The Downside of it; that thousands of jobs will be lost.
5 Reasons Why:
1. The Government is going green. Most banks and other services offer paperless bills to cut expenses. Some services charge to send you a bill. These company's are saving a boat load of money, but the USPS suffers.
2. The mail volume have slowed down dramatically. Why? The Internet - Their are new ways of communicating with business partners,family and friends etc.
3. USPS in a lot of red ink (multi-billion-dollar deficit).
4. When is the last time someone had send you a check,birthday card,letter or post card? Why get a check when you can get direct deposit. Birthday card,letter or post card you can send E cards,Text messages and use social networks like (Twitter,Facebook)
5. The Economy - its seem to be ripple effect spreading nationwide
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