USPS Looking for Bailout

Is a life without mail any life at all? This is a question you may have to ask yourself after the USPS announced that given the rate of declining first-class mail volume it will be broke by early next year. According to the NY Times, since mail volume has dropped 22% from five years ago, the Postal Service is lobbying Congress for multiple cuts and program changes; among these is the approval to discontinue Saturday mail delivery. The USPS once had pride in their service and adopted the phrase, “neither snow, nor rain, not heat, nor gloom of night stays these couriers from the swift completion of their appointed rounds”, originally coined by Herodotus, to describe their commitment to delivery. However, these days it seems that a little bit of snow and ice can stop delivery, and mail was once delivered twice a day, or a dozen times a week, back before the 1950s.

The Postal Service’s current fiscal year ends on September 30, so unless Congress enacts legislation this month to eliminate programs to save the USPS $5.5 billion annually and allow them to cut back on deliveries, then a world without your friendly neighborhood mailman is fast approaching.

So, what does this really mean? These days most packages are being delivered by UPS or FedEx, and many people are receiving their bills online. Does the idea of the USPS going under really raise concerns with a large number of people, or are people more concerned with the ease in which companies and organizations are asking the government for a bailout?

It might be time to say 'adios' to your neighborhood mailman

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