The Post Office is Broke: It's Time to End Washington's Postal Monopoly

Three years ago Postmaster General John Potter defiantly insisted: “We intend to be around for decades and centuries to come.” But monopoly won’t be enough to save the U.S. Postal Service's (USPS). The Postal Service is locked in a death spiral of more losses, poorer service, fewer customers, more losses.

The system needs money, lots of it. However, Uncle Sam has none to give. The only answer is to turn mail delivery over to market competition.