Simply put, the United States Postal Service has never been a money maker.
Instead, the organization has always seemed to be on the brink of financial
ruin. Today, however, financial ruin seems to be coming closer to reality with
the agency unable to make required payments (to the tune of $5.5 billion) and
more messaging occurring online. Now Congress must decide if it wishes to help
bail out the fledgling agency. Competitors exist and many Americans even seem equally comfortable working with companies like UPS and FedEx. These provides do not currently focus on high volume domestic mail though,
With e-mail soaring and less mail being delivered, one can question the need
for the post office. Some statistics, however, raise different questions. They say that there are more people receiving mail--but that the volume has dropped. Likewise, there are alternatives to consider that would allegedly help control costs.
- What are the costs and benefits of potentially
shutting down the United States Postal Service?
- What are alternative ways for the United
States Postal Service to increase revenues?