Well, that's true! What these dire facts don't tell us is that the revenue and cost squeeze is completely manufactured by Congress and the executive branch. In December 2006, then-President George W. Bush signed the Postal Accountability and Enhancement Act (PAEA), which had the overwhelming support of both parties in both the House and Senate.
The act contains many restrictions on how the Postal Service can generate revenues--for example, even though it can't adjust prices (like Fed Ex or UPS can), "the USPS must compete with UPS and other private firms in the package delivery business."
While the act argues that the USPS must become more "businesslike," it is not allowed to compete like a business. Even though the Postal Service is mandated by the Constitution and has a "universal service obligation" to deliver mail to all Americans regardless of where they live (unlike private carriers), the Postal Service cannot exercise "unfair competition" with the private sector.
In effect, business says don't compete with us where it's profitable, only where it's unprofitable--but otherwise, act more like us.
http://socialistworker.org/2011/09/15/a-manufactured-postal-crisis