A $3 billion deficit and expected losses of $6 billion more have led the Postmaster General to suggest cutting mail delivery from six to five days.
The post office blames FedEx and email, along with the decline of advertising mailers that has occurred with the economic downturn, for its troubles. Various studies have estimated that cutting a day of service, probably Tuesday or Saturday, could save between $1.9 and $3.5 billion annually.
We pay most of our bills online, most of our packages come via UPS or DHL, so the only mail we usually get is magazines and ad fliers. Would you care if the mail came only five days a week?