Germany, hardly a bastion of wide-eyed libertarianism, privatized its postal service ten years ago. Deutsche Post is doing quite well as a private company. It bought DHL, and its stock price has doubled in the past three years. Why don't we do the same? Brief answer -- labor unions. The USPS has no fewer than four labor unions, which fight any attempt to shut down their overpaid, high-benefit gummint jobs.
The USPS is, of course, going broke, and recently announced a plan to close a large number of rural post offices (including mine), and many mail processing centers. A combination of unions and rural Luddites lobbied for a bailout costing $11 bn, which will be nominally taken from payments to the Federal Retirement system -- but of course, it's all one big pool of Federal money, and this ultimately becomes part of the national debt. To its everlasting disgrace, the Senate voted 62-37 for the comically named 'Postal Reform Bill' (if only). 13 Republicans -- may they be primaried -- voted for it. 4 Democrats voted against it. Even the Postmaster General thinks it's a piece of crap.
Needless to say, the contemptible Don Walton of the LJS exulted over Ben Nelson's vote for the 'bipartisan' piece of legislation, and noted Mike Johanns voted against it.
Take my mail service -- please! I'll happily buy a mailbox in town if you'll simply deduct from my taxes the humungous cost of delivery.