Posted on 05/03/2006 8:10:38 AM PDT by Extremely Extreme Extremist
I wish I didn't get any mail at my home. 99% Of what I get is junk mail anyway.
I use the UPS store for my mail box.
People complain about the postal service because it is so bad.
Anyone know what the average annual rate increases would be calculated at over the past 20 years or so? These forever stamps might be good investments?
Well said. If mail were privatized, no company would deliver to rural and inner-city routes.
August 1, 1958 .04
January 7, 1963 .05
January 7, 1968 .06
May 16, 1971 .08
March 2, 1974 .10
December 31, 1975 .13
May 29, 1978 .15 "A" Stamp Used
March 22, 1981 .18 "B" Stamp Used
November 1, 1981 .20 "C" Stamp Used
February 17, 1985 .22 "D" Stamp Used
April 3, 1988 .25 "E" Stamp Used
February 3, 1991 .29 "F" Stamp Used
January 1, 1995 .32 "G" Stamp Used
January 10, 1999 .33 "H" Stamp Used
January 7, 2001 .34 Nondenominated Stamps Used
June 30, 2002 .37 Flag and Antique Toy Stamps Used
January 8, 2006 .39 Love True Blue and Lady Liberty Flag Stamps Used
Any math experts, is this a 975% increase over 48 years or 20% per year since 1958??
" . . . it's been what, almost a year since the last one."
Actually it's been since January 8 - not even four months. Thank goodness for online banking!
So take down your mailbox and "presto," no more mail at home.
Not really a good investment. In 1985 ,first class stamp was 22 cents. it hasnt even doubled in 20 years. With an average investment you would expect a triple over a 20 year time period.
yep, 100% over 20 years is only 5% per year.
Ya, and in 1958, gasoline cost 30 cents a gal. Now it is $3.00. Check my math:
gas 30 cents to 3.00 = 10 time price imcrease.
first class mail 4 cents to 40 cents = 10 times price increase.
I calculate a compound annual rate of increase of 4.96%.
I have basically quit using the US Postal Service. I pay all my bills electronicaly through my bank for a monthly cost less than the stamps to mail them. I send e-mails rather than letters and use private services like UPS whenever I need to send something and have even given up sending Christmas cards in favor of a holiday web site. The only time I make use of the US Postal Service is to deliver my income tax forms whenever I own additional tax as I know getting the April 15 postmark meets the filing deadline, but my forms will be lost in a blizzard of others so I can keep my money just a little bit longer.
I really thought it was last fall - October or so, but now I remember - because I also didn't like the new American Flag stamp as well as the old design.
Thanks.
looks right, not a bad return from 58. I think the house I was born in around that time was purchased for something like 12 or 15,000 and is easily worth 150,000 now. same 10x figure....scary, I wonder if Nation of Islam leader Louis Farrakhan noticed these numbers.
Yep.
they've been out pricing their product for years. I remember when, come the 6 weeks before Christmas, they had to hire temp help and have two deliveries a day to keep up with the Christmas cards and boxes.
Now it costs the same to mail a Christmas card as a reg letter - ergo = far, far less mail at Christmas
It's already out there in the form of "print-it-yourself" meter strips that you can use your home printer to make. Call the PO, don't know the details but I know I've seen 'em. Business only has to sign on and print whatever they want on the adhesive strips. The possibilities are endless!
More people will switch to online bill pay.
If you'd think about supply and demand, you'd realize that online bill pay is probably one of the factors driving the price increase.
Fewer stamps sold + Increasing costs (payroll and fuel costs spring immediately to mind) = Must increase price of each stamp to stay even.
Which congress (man/woman) said that?
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