The U.S. Postal Service lost $5 billion last year and would have lost double that amount if the government hadn’t stepped in to give them a break on pension payments. Total mail volume has declined by 1.7 percent, continuing a downtrend that threatens to wipeout the entire operation, as FedEx and UPS (and email) continue to clean their clocks.Related: How Both Parties Are Now Betting on Gridlock
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