Unions have successfully adapted to the recession, cutting more than 110,000 postal jobs

Congressional mandate killing Postal Service

From the article: "...This situation is not due to falling mail volume or the Internet. It is due to a huge (and hugely unfair) congressional mandate.

The Postal Service is in trouble because of a 2006 law that requires it to massively prefund the cost of retiree health benefits over the next 75 years in just 10 years' time. ..."

Article Reference: www.phillyburbs.com