There is no doubt that the Postal Service is facing the same economic hardships as almost every sector of the economy. It lost $3.5 billion in its fiscal quarter that ended June 30. However, some technological changes in society are also at work: The rise of e-mails and social networking has decimated the private first-class mail business, while the economic slowdown has resulted in far fewer parcels being delivered across the nation and internationally.
A reduction in service is not the way to convince the public that it is essential, however; in fact, it will likely push more people away. And as the Postal Service pushes away customers, it will also push away or drive out of business those companies that depend on the mail delivery system for everyday functions. The spiral will continue.