And true to its roots, the revitalized United States Postal Service (USPS) knew how to make a buck. The reorganization legislation called for the phasing out of the post office’s direct government subsidies by 1983. The post office has been operating without any taxpayer money since then. In fact, as recent as the start of this century, from 2003-2006, and despite the advent of email and stiff competition from companies like UPS and FedEx, the post office reported a 9.3 billion profit.
