1.) Its workers have no-layoff contracts
2.) No post office can be closed solely because it loses money
3.) As revealed by Bloomberg Businessweek, the postal service is so dependent on low-profit junk mail for revenue that it has its marketing officer lobby to banks to not switch to electronic statements
Those are pretty substantial facts that are more than likely contributing to the postal services’ downfall. Last year, the USPS lost $8 billion, and was kept alive by a $15 billion loan from the Treasury. With problems continuing to arise in 2011, the USPS is in danger of defaulting on those loans in October.