Now that Thanksgiving has passed, many people have begun to deck the halls, gorge on delectable dishes, and send out greeting cards. Well, that last one might become trickier for some rural residents soon. That’s because the United States Postal Service is moving ahead to reduce the hours of thousands of post offices across the country. Jennifer Davidson has this report from a rural Ozarks community.
The US Postal Service is hemorrhaging money – over the past year, it lost more than $5 billion. To staunch the negative cash flow, the postmaster general is looking at closing nearly 3,700 post offices – the vast majority in rural America. In this week's Health & Wealth update, KBIA's Austin Fax checks in to some very small towns where post offices may be on the chopping block.