While dozing over some catalogs that had arrived in the mail, I was visited by three Postal Service ghosts: the Ghosts of Postal Past, Postal Present, and Postal Future.
The Ghost of Postal Past
The Ghost of Postal Past was a merry ole soul, though not even that old. He presented himself to me as he was in Fiscal Year 2006 – just six years ago. Back then, he was quite large. He had 673 processing facilities, 36,721 retail and delivery facilities, and a total volume of 213 billion pieces of mail. He had revenues of nearly $73 billion – almost $3 billion more than the year before. This had been his fourth consecutive year of positive net income, and the seventh consecutive year of increasing total factor productivity.
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