It's nice that the USPS is finally doing something to reduce their operating costs, but I don't think this is the answer. The biggest problem they have, like other government run agencies, is their employee costs, especially pensions and benefits. They end up paying more for people who aren't working compared to those who are. So they need to restructure their pay and benefits. Going non-union and part time would help a lot. They also need to close most of their post offices and consolidate into regional ones. There is no reason to pay to operate and maintain all these buildings and staff them with non-essential personell. They US government could sell these buildings and use the money to put towards legacy costs if necessary or return to the taxpayers who have been bailing them out. I don't think that reducing mail delivery by one day is going to change much. Most of what the letter carriers deliver is junk mail, which most of us can do without anyway. I know from my personal experience, I rarely use the mail service. I pay almost all my bills online and use e-mail for correspondence. On rare occasions I will send a greeting card or send a payment for a bill that is out of the ordinary. They have to realize (it doesn't take a genius) that the electronic age is here and their service is not needed anywhere near as much as a generation ago. If the USPS was forced to operate like any private business, they would have been bankrupted by now. They need to change the way they run their business and actually become profitable. In the privately run world, businesses can't just raise their prices to bring in more revenue, they need to reduce costs and become more efficient. They need to adopt the business models of their competitors, like FedEx or UPS or contract out to private carriers if they are going to survive without taxpayers' support.

THAT ok ALL IT IS IS JUNK

The post office would not be in such a mess if congress had not required them to fund retirement for future employees that have not even been hired yet.

This is another of Congressional manufactured crisis. Pre Funding retirement for employees that have not been hired is ludicrous. All you people that point to UPS and FedEx as models of efficiency and profitability, do you know that they both use USPS to deliver many of their packages?

Things weren't that badly until our goofs in Congress mandated this pre-funding of benefits, something that no one else does or has to do. Now there are problems and you don't hear from any of our elected people about changing it. But not to worry. USPS is too big to fail just like some of our finest corporations, so life will go on.