Except, of course, it's not a business. Nor is it a governmental agency (any more). It's a quasi-governmental entity, which means it has to compete with private business in much of its work, while still maintaining service to the poorest and least profitable corners of the country, and needs Congressional micro-management to do about anything.
Reshared post from +John E. Bredehoft
Remember, this is TEMPORARY. And after two years, the TEMPORARY price increase will expire, and postal rates will go down again. And the Cubs WILL win the World Series in 2014.
Panel lets Postal Service raise stamp prices for 2 years
Temporary jump to 49 cents aims to help agency rebound from recession, not to offset growing use of e-mail.
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I was trying to think of my favorite quasi governmental agencies, and immediately thought of Fannie Mae and Freddie Mac…except they were taken over by the government in 2008. http://www.foxnews.com/story/2008/09/07/us-government-takes-over-fannie-mae-freddie-mac/
And they could theoretically close by 2018 – despite the assertion that home ownership is as vitally important to the U.S. as…well, as mail delivery.
http://www.usatoday.com/story/money/business/2013/12/25/fairholme-capital-berkowitz-on-fannie-freddie-future/4041843/