United States Postal Service (USPS)

There is no good reason for the United States to continue to be stuck with a stagnant $69 billion operation with 774,000 overpaid workers and add to the fact that its a congressionally created monopoly.

As everyone knows if its fast, reliable, and cost-efficient many will pay for the service. Not with the government postal service, which is trying hard not to fall behind its already low standards. For example, the average delivery time today for a first-class letter is 1.9 days, up from 1.6 days in 1981, despite all the new technology that is available. The Government Accountability Office (GAO) has conslude that the USPS "has an outdated and inflexible business model amid a rapidly changing postal landscape."

I believe that with the advent of email and other means of sending information, USPS needs to downsize and privatize in order to compete in today's world.