Who Killed the Postal Service?

USPS is slashing first-class delivery, cutting billions of dollars, and looking to cut thousands of workers. How did it get this bad?

Wikipedia

Neither snow, nor rain, nor heat, nor gloom of night will keep your postman from delivering that Mad Men DVD you've been waiting for. But legacy labor costs and the disruptive force of the Internet? Yeah, that'll do it.

Today, the Postal Service announced roughly $3 billion in service cuts that will slow down the delivery of first-class mail for the first time in 40 years. Starting in April, it plans to shutter more than half of its 461 mail processing centers, stretching out the time it will take to ship everything from Netflix DVDs to magazines. One-day delivery of stamped envelopes will all but certainly become a thing of the past.

 http://www.theatlantic.com/business/archive/2011/12/who-killed-the-postal-service/249508/