Follow the lead of other countries and privatize the post office.
Great Britain, Finland, New Zealand and Sweden, for example, have given up on the government-enforced monopoly on mail delivery and have exposed their former monopoly mail providers to competition.
Germany and the Netherlands, meanwhile, have privatized their main postal companies, which have subsequently expanded into foreign markets and diversified their businesses.
And the 27 member nations of the European Union have agreed to end their mail monopolies in the near future.
Private mail delivery firms would have the incentives and freedom to tackle the long-standing inefficiencies that are sinking the Postal Service's ship. They would also be more nimble in adjusting to ever-changing market conditions.