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Post Office to End Saturday Delivery Starting August 1
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 1614429:MV8yMTMwNDgyXzM1OTY4MDM4X0QxRTg5MkY5] [quote:Anonymous Coward 25757891:MV8yMTMwNDgyXzM1OTU1NDE5XzI2MUFDQTND] simple solution, if you want mail get a PO Box. Stop automatic delivery to every single address in the world. What a waste of resources. Pick up your mail once or twice a week at your local PO. [/quote] Electronic mail is taking over. Packages will still be delivered, but electronic mail is rapidly replacing snail mail, and has in many places already. Just "progress" you say? Why do you think that everyone is doing everything, or nearly everything "online"? Just "progress", or is something else in the works perhaps? [/quote]
The U.S. Postal Service plans to stop delivering letters and other first-class mail on Saturdays beginning Aug. 1, although packages will continue to be delivered.
It will mark the an end of an era for the agency, which started Saturday delivery in 1863.
The Postal Service has been borrowing billions of dollars from taxpayers to make up for shortfalls caused by a 2006 congressional mandate, under which it has to pre-fund healthcare benefits for future retirees. Technological advances have also led to a decline in first-class mail, which most consumers use to stay in touch and pay bills.
The situation turned particularly dire last year -- the agency twice defaulted on payments totaling $11 billion, and it exhausted a $15 billion line of credit from the U.S. Treasury.
link to money.cnn.com
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