Baby Lola can't yet read or write, but she understands the importance of the Postal Service and looks forward to mail delivery each day. Believe it or not, at her young age, Lola knows all about the Postal Service. This young lady's grandfather is Hialeah O-I-C Ernie Cintado ... and here's how he explained our current financial condition to his granddaughter:"It's like this, Lola ... The Postal Service is at a tipping point due to the combined effects of the economic recession, increased use of electronic communications, and its obligations to prepay Retiree Health Benefits. Always dedicated to providing reliable, affordable, high-quality universal service, the Postal Service has developed and begun implementing a range of cost-reducing and revenue-generating initiatives. But these aren’t enough to close the financial gap between revenue and costs. For the American public to continue receiving affordable universal postal services from a self-sufficient Postal Service, these issues need to be addressed quickly and comprehensively with legal and regulatory action. Do you understand that, Lola?"
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