ntually did get solved over the past fifteen years and now the Postal Service is making record breaking profits. Now in the first quarter of the fiscal year 1996 the Postal Service already has a net income of $1.2 billion (#3, 1). Now not only is the Postal Service just breaking even, but they are also making a profit. On top of that, the 1.2 billion dollar figure is 115 billion dollars better then the quarterly forecast predicted (#3,1). It is incredible that they are not only making a reasonable profit but it is increasing over the years. The Postal Service is also now reducing debts. An example of this is when the Postal Service redeemed a 1.5 billion dollar loan two years in advance which will save them 22 million dollars of interest in the next two years (#3,1). The Postal Service isnt stopping with the revenue that it is receiving now. The Postal Service is planning to increase its international revenues of $1.2 billion by twice the amount in the next five years and ten-fold by the year 2005 (#5, 1). The Postal Service is continually working to "streamline" their operations for the future that they are now run-ning. The Postal Service is continualy looking to cut back on borrowing money. All of the recent financial borrowing has been through the Federal Financing Bank, but the Postal Service now is looking into outside sources, such as bonds in the public markets (#5, 2). Business are starting to get jealous of the Postal Service because of the great prof-its it is experiencing. The Postal Service is now making a major impact on the United States Economy (#6, 1). Business are pointing out that in 1995 the Postal Service had records of $1.8 billion in net income and a 1.7 billion dollar debt reduction (#6, 1). The $54 billion revenue that the Postal Service is bringing in would put them in 12th place on the Fortune 500 list and 33rd on the Fortune Global 500, with the worlds largest corpora-tions (#6,1). A recent study showe...
