Their big cash maker, JUNK MAIL, has need reduced since the companies can just spam our inbox now.
And a lot of people pay their bills electronically now. No longer do I use a dozen stamps each month, mailing various bills.
Heck, some people are sending electronic Christmas cards now.
The post office is in trouble, and I doubt a 3 cent increase is going to fix it.
Temporary?
I won't be holding my breath for the 46¢ stamp to return.
Buy a year’s worth of ‘forever’ stamps... they’ll be on sale until the change.
First time since 2002 they’re increasing by 3 cents.
Hard to believe the price is about to move past 2 quarters!
I still remember when first class cost 25 cents! Doesn’t feel like that long ago!
This starts the cycle again. More people will stop mailing letters, and the USPS will lose more money, and raise rates again.
This can go nowhere. The only reason why the USPS still exists, is that it is a government-enforced monopoly. As such, it is not subject to the normal problems that normal businesses have. It can hire people as political favors, and hire people because they belong to a privileged minority group.
Talk to ryan, maybe he can make another back stabbing inadvertent mistake and have it included in some pay cut to ( fill in the blank).
After 10 years, I quit the USPS in 1999.
They kept telling us that automation and ‘junk’ mail was the way of the future.
How’s that working out?...
Expensive = Government operated
Gee, maybe they shouldn’t have sold that five-year supply of Forever Stamps????
You’ll be able to buy the new FOREVEREVER stamp now.
Well, at least the Post Office (and Post Roads) are a constitutional function of the Federal government.
Can’t say that about most things they do.
bm
Nothing says socialism like being able to mail a letter next door or three thousand miles away for the same price.