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.
USPS delivers 160 billion pieces of mail per year. Although not all subject to the 3 cent increase, 160 billion x .03 = 4.8 billion dollars.
I’m one of the few people in this country who still pays bills by mail and sends actual letters and cards. Call me old fashioned, but I am wary of identity theft with automatic bill paying and there are some situations where handwritten communications are more proper than email.
That said, I think the cost of a postage stamp is way too low for the money expended in getting mail from point A to point B. Sure,:huge wages and benefits, plus waste and inefficiency are the big problems, but even if those issues were resolved, the expenses of delivery (fuel costs, for example) won’t be covered by 49 cents a letter.
The MAIN thing the post office IS delivering today is junk mail (ad circulars) and mass marketing mailings. RAISE rates on the spam.
IF my mailmain didn’t have to stuff that crud into thousands of mailboxes every day, his journey would be much quicker. Sometimes there is an error in the delivery of the GENUINE mail because they are so focused on the delivery of the monotonous “everybody must have this one” mailings.
The routes would be completed quicker (and cheaper) if the junk mail was paying full freight. Some homes wouldn’t be receiving anything some days. That’s where the speed really picks up.
Some Democrapweasel, it may have been Harry Reid or Chuck Schumer, used old people as the REASON to keep junk mail rate cheaper, it’s the ONLY connection some elderly people have to the outside world. REALLY it’s on tape somewhere in Congress.