The U.S. Postal Service, better known as Snail Mail, will soon become more snail-like. It is going to slow delivery times.
The U.S. Postal Service, having lost 29 percent of its first-class mail volume in the last decade, will slow its delivery service beginning next spring — the first time in 40 years — in an effort to eliminate nearly $3 billion in costs for the cash-strapped agency.
“We have to do this in order for the Postal Service to become financially viable,” said David E. Williams, vice president of network operations for USPS, who noted Monday that the organization expects to have a $14 billion debt this year.
“We are adjusting operational realities to the current market,” he said, adding that the trend is toward another 47 percent drop in volume between now and 2020.
This offers hope. Technology has undermined the government. For decades, libertarians offered plans to replace it. The government always intervened to stop these private mail services. Then came FedEx. UPS imitated FedEx. Then came email.
The USPS is going to die. It will hang on as a shell, but few people need it any more. After 260 years in the USA — before there was a USA — the mails have been a monopoly. No more.
We have seen the free market undermine the central monopoly. It looked unbeatable. It wasn’t.
There was no well-organized political movement to shut it down. It just became irrelevant.
When Washington’s checks bounce, the nation will carry on. One by one, the Washington bureaucracies will go the way of the dodo. When the checks bounce, only their employees will notice.