Postal Service doesn’t spend money wisely
I do not understand the United Postal Service’s thinking. They are $15 billion in debt; they are going up on their rates on Jan. 27; they talk about possibly closing down post offices, and yet they find a way to spend $32 million by sponsoring Lance Armstrong’s cycling team. What possible benefit could they get from this? I don’t think anyone mailed more letters or bought more stamps.
Instead of foolishly spending money on cycling teams, they could start making their employees pay for their life insurance and health insurance, of which they contribute nothing. Why not stop Saturday delivery?