The Financial Death Spiral of the United States Postal Service ...Unless?

Business & Finance
Cover of the book The Financial Death Spiral of the United States Postal Service ...Unless? by Grady E Griffin, Lulu Publishing Services
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Author: Grady E Griffin ISBN: 9781483443416
Publisher: Lulu Publishing Services Publication: January 12, 2016
Imprint: Lulu Publishing Services Language: English
Author: Grady E Griffin
ISBN: 9781483443416
Publisher: Lulu Publishing Services
Publication: January 12, 2016
Imprint: Lulu Publishing Services
Language: English

Grady E. Griffin knows all too well that the United States Postal Service is on the verge of financial collapse. It continues to lose billions of dollars per year, and it has reached its maximum federal borrowing limit of $15 billion. Meanwhile, total liabilities are approaching $100 billion. Griffin, who worked for the Postal Service in numerous roles, proposes common-sense solutions to the Postal Service’s most pressing problems. These solutions and other fixes are popular among working-level employees, but many managers, union officials, labor specialists, contract compliance officials, advocates for grievances, and arbitrators who make a living off interpreting complicated contracts continue to oppose them for selfish reasons. Tens of thousands of jobs are at stake, and a valuable service that the public relies on could be eliminated forever unless stakeholders overhaul the Postal Service.

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Grady E. Griffin knows all too well that the United States Postal Service is on the verge of financial collapse. It continues to lose billions of dollars per year, and it has reached its maximum federal borrowing limit of $15 billion. Meanwhile, total liabilities are approaching $100 billion. Griffin, who worked for the Postal Service in numerous roles, proposes common-sense solutions to the Postal Service’s most pressing problems. These solutions and other fixes are popular among working-level employees, but many managers, union officials, labor specialists, contract compliance officials, advocates for grievances, and arbitrators who make a living off interpreting complicated contracts continue to oppose them for selfish reasons. Tens of thousands of jobs are at stake, and a valuable service that the public relies on could be eliminated forever unless stakeholders overhaul the Postal Service.

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