Will the Post Office File Bankruptcy?

I read an article suggesting that bankruptcy was not out of the question for the Postal Service. And I couldn't disagree with the points that were being made in the article. By in large, the government can't run businesses. That's because a business can't, in general, just raise taxes or print money. So a business has to be smart enough to figure out what it's core function may be, and how to do that for less money than people are willing to pay for that function. Some folks on television shows sneer at profit, but the profit motive has produced more wealth and happiness for people in the United States than all folks in all the state-run countries of the world, forever. Just one of those things. Now, I wouldn't want to see the Postal Service shut down tomorrow, because then Post Office Employees would need to file bankruptcy. But if it is shut down, I'd also want to see Postal Service Employees get massive preferences in hiring in some other Government Job. Why? Because unemployment causes suffering, and even the official government numbers show more than 15% unemployment right now (see the U-6 measure of unemployment; it turned my hair white!).

Read more detail on Recent Bankruptcy Posts –

Legal notice about the Will the Post Office File Bankruptcy? rubric : Hukuki Net Legal News is not responsible for the privacy statements or other content from Web sites outside of the Hukuki.net site. Please refer the progenitor link to check the legal entity of this resource hereinabove.

Do you need High Quality Legal documents or forms related to Will the Post Office File Bankruptcy??

This entry was posted in Bankruptcy Law and tagged , , , . Bookmark the permalink.

2 Responses to Will the Post Office File Bankruptcy?

  1. wow gold for says:

    Thank you for some other informative site. Where else could I get that type of info written in such an ideal approach? I’ve a project that I am simply now running on, and I have been at the glance out for such information.

  2. I’m no longer positive the place you’re getting your info, however good topic. I needs to spend some time learning more or working out more. Thank you for great info I was in search of this info for my mission.

Leave a Reply