Postal cuts to slow delivery of first-class mail

NewsNM Swickard: The governmental answer to declining adoption of services is to lower the value of the services. Instead, they need to close all Post Offices immediately and let the market place figure it out. From the El Paso Times.com - WASHINGTON (AP) - Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day. The estimated $3 billion in reductions, to be announced in broader detail on Monday, are part of a wide-ranging effort by the cash-strapped Postal Service to quickly trim costs, seeing no immediate help from Congress. The changes would provide short-term relief, but ultimately could prove counterproductive, pushing more of America's business onto the Internet. They could slow everything from check payments to Netflix's DVDs-by-mail, add costs to mail-order prescription drugs, and threaten the existence of newspapers and time-sensitive magazines delivered by postal carrier to far-flung suburban and rural communities. That birthday card mailed first-class to Mom also could arrive a day or two late, if people don't plan ahead. Read more

Postal cuts to slow delivery of first-class mail