End The Postal Service Monopoly

An Associated Press article today reveals the woes of the United States Postal Service. They are so bad, that the Postmaster General is asking to reduce the number of delivery days from 6 to 5. Would that reduce the number of mail items to deliver? Of course not. So long as the USPS has a legal monopoly on first-class mail, they will continue to pass their high-losses on to taxpayers and remain un-innovative and un-competitive. I believe the USPS should lose it's monopoly privilege. I don't think there has ever been or is there now logical justification for the United State Postal Service have that monopoly privilege. It should be abolish and the delivery of first-class mail left for the free-market to handle. UPS and FedEx have done a fantastic job with world-wide package deliver thus far.