Anyone close to New York City ?

Yeah, they are somewhat inefficient, but one of their biggest obstacles to success is the fact that the US Government controls them. Did you know about the piece of 2006 legislation that requires the USPS to pre-fund 75 years of employee pension in advance? According to a report , the organization is facing over $11 billion in debt due to this.
You hit it on the head. This is an entity that the government uses to distort more tax revenue. It’s no different, than banks. The government and post office portrays this ongoing issue of usps being broke. Regardless, of it being accurate or not. To continually raise costs and implement bail outs. The usps will never be in jeopardy of folding up. They are one. It’s a money maker to the government. The government doesn’t lose revenue. It takes it from somewhere else. To cover losses, tax breaks, poor investments, etc. That’s what a bail out, truly is.