The U.S. Postal Service has ended its fiscal year $2.8 billion in the red, which, believe or not, is an improvement on the $5.1 billion deficit last year.

It reminds me of a conversation I was having with a good friend who is an ardent supporter of Ron Paul and describes himself as a "constitutionalist." He was going on and on about how the Constitution should be the end all be all of our pursuit of liberty. I said sure, the Constitution gets us very close, but it's still imperfect. He gave me an angry look. So I asked him, there is no doubt that the Constitution is a fantastic document that we should follow, but do you think it is perfect? He looked at me and said: yes, actually I do.

I knew this was going to hurt him, but I had to do it. I asked, referring to Article I, Section 8, of the Constitution which in part gives Congress the ability "To establish post offices": so you think the government should run a postal service?

As this "constitutionalist" and simultaneous anti-government libertarian underwent the anguish of trying to reconcile his two identities, he paused for several seconds. Then, he conceded the inevitable: Well, maybe some things in the Constitution could be changed...

Which brings me to my point. Even the constitutionalists agree that the normally fabulous Constitution got this one wrong. The government has no business running this business. It makes it inefficient and costly. And it's no surprise that the U.S. Postal Service has been, is, and will continue to be in the red.