THE FEDERAL GOVERNMENT IS TERRIBLE AT BUSINESS

UPS (NYSE UPS) is “a package delivery company, provides transportation, logistics, and financial services in the United States and internationally” (see full business summary here).

UPS Income statement for 2011 – view it here.  Net income: $3,804,000,000

— contrast the above with —

USPS – the United States Postal Service… enough said.

USPS income statement for 2011 – view it here (page 3).  Net income: $-3,100,000,000

That’s right – the USPS 2011 income statement was negative 3.1 billion dollars while UPS was positive 3.8 billion dollars.

Maybe we should turn the USPS over to the private sector?

via Tumblr http://joelkelley.tumblr.com/post/40530122030

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