The price of a first-class forever stamp went up on last Sunday, from 50 >cents to 55 cents. That 10 percent increase is the largest single price jump >in the history of the Postal Service, the Associated Press reports.As usual the newsettes have it WRONG!
The Postal Service lost $3.9 billion in 2018. First class mail volume >decreased by about 2.1 billion pieces. According to USA Today, "it was the >12th year in a row the agency reported a loss despite growth in package >shipping."That they're attempting to bail out their weetheart deals with UPS
It is also more expensive to send a package using Priority Mail. The price
of a small box rises from $7.20 to $7.90; a medium box increases from $13.65 >to $14.35.
Source: >https://www.npr.org/2019/01/28/689230576/mailing-just-got-more-expensive-forever-stamps-see-biggest-price-increase-ever
The postal increase of November 2, 1917 and of July 6, 1932 were 50%
jumps.
The increase couldn't be smaller in 2017 (...)
We have/had 1 1/2 cent stamps!The postal increase of November 2, 1917 and of July 6, 1932 were 50%
jumps.
Yes indeed, but...
The increase couldn't be smaller in 2017 because the rate jumped from $ 0.02 >to $ 0.03. The $ 0.01 (or 1 cent, penny) was and is the smallest subdivision >(coin) of the dollar. BTW, this rate dropped just after two years (the end
of war) back to $ 0.02.
Anyway, the last increase on Jan. 27, 2019, a 10 percent jump since Jan. 21, >2018, is a very important one and shouldn't be underestimated.I never undersetimate the incompetency of the USPS! Many of my
Therefore roughly over the last year the USPS postal rates went up 10You can always find someone/something to blame anything upon, as
percent while the inflation actually went down. I mentioned the inflation >because it was the usual "culprit" for postal rates increases, even if it >grew significantly slower.
For this I should be happy to pay more ...
Even if for an individual, who sends a quite limited number of letters, a 10 >percent increase in postal rates is acceptable, and they would pay even more >for a better service, a known consequence of postal rates increases is that >many companies that operate by mail are driven out of their core business. >This backfiring should not be ignored either.
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