How to Save the U.S. Postal Service Through Innovation
USPS managers have presented a plan for how they potentially can navigate their way out of this mess. It’s an ambitious plan, but it has a few big issues: about half of the financial improvements require “significant legislative change,” and Washington hasn’t been very good lately on that front; it ignores the issue of the under-funded retiree health benefit costs; and most importantly, it assumes that their revenue erosion moderates significantly going forward.
There are some very highly leveraged ways that you could improve USPS economics. But all require political will, so they’re not likely to happen any time soon: