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Cost of stamps to go up 2 cents (again...)
cnn.com ^ | 2-11-09

Posted on 02/11/2009 12:56:20 PM PST by Justaham

(CNN) -- Sending a letter will soon be a little more expensive, the U.S. Postal Service announced Tuesday. The U.S. Postal Service announced Tuesday a 2-cent increase on first-class stamps, effective May 11.

The Postal Service said the price increase was necessary because of rising production costs. Under law, the price of stamps is not allowed to rise faster than the U.S. consumer price index, which measures inflation.

(Excerpt) Read more at cnn.com ...


TOPICS: Miscellaneous
KEYWORDS: stamps; uspostalservice; whining

1 posted on 02/11/2009 12:56:21 PM PST by Justaham
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To: Justaham

It isn’t just the price of an envelope, it is also the price of packages, etc.

I’ve seen 4th class media mail go up by 25% during one of these “little” hikes.


2 posted on 02/11/2009 12:58:42 PM PST by a fool in paradise (Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
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To: Justaham
The Postal Service said the price increase was necessary because of rising production costs. shitty management.

There - fixed.

3 posted on 02/11/2009 12:59:14 PM PST by library user (Rod Blagojevich should have been TIME MAGAZINE'S "Person of the Year.")
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To: Justaham
The Postal Service said the price increase was necessary because of rising production costs.

And I remember in the 1990s when they claimed this but the amount of their shortfall in budget matched the amount in bonuses they paid out that year. It isn't just "corporate America" that pulls this stunt.

4 posted on 02/11/2009 12:59:43 PM PST by a fool in paradise (Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
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To: library user

They should raise the price on postage for the advertising circulars they deliver (and that take so much of the mailman’s time to stuff in boxes).


5 posted on 02/11/2009 1:00:55 PM PST by a fool in paradise (Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
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To: Justaham

Every time they do this, more people pay their bills electronically. Very little of value comes through the mail.

It’s time to shutter the USPS and lift the prohibition on private mail delivery.


6 posted on 02/11/2009 1:03:14 PM PST by MediaMole
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To: Justaham

So I will use auto bill pay from my bank, and mail less. Everyone else will too, and PO will lose more money, and whine some more, and raise rates again, and whine to the federal gov which is already bailing out other failing businesses.
If they would cut back on the “affirmative action” they might even make a profit.


7 posted on 02/11/2009 1:05:51 PM PST by Leftism is Mentally Deranged (liberalism = serious mental deficiency)
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To: Leftism is Mentally Deranged

True. One of the main reasons I started paying bills electronicly is I had to keep going the the USPS website to verify the current price of a stamp (they were raising the price so often.)

I wonder if this was the reason they came out with the always good stamp (that doesn’t have a price on it, but will always be good to send a 1st class letter.)


8 posted on 02/11/2009 1:09:39 PM PST by Brookhaven (Until the three traitors are removed from the Republican Party, I am no longer a Republican.)
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To: Justaham

Frankly it wouldn’t shock me about rising costs (especially as inefficient as they CAN be).

However, I still can’t help thinking they made the “Forever” stamp to accomodate easily any ol’ increase they want any ol’ time!


9 posted on 02/11/2009 1:10:48 PM PST by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: Leftism is Mentally Deranged

Whoo hoo!! Looks like that investment I made in forever stamps paid big dividends!!/S/


10 posted on 02/11/2009 1:11:59 PM PST by refermech
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To: the OlLine Rebel

“However, I still can’t help thinking they made the “Forever” stamp to accomodate easily any ol’ increase they want any ol’ time!”

I bought several hundred dollars worth of these before the last postage rate increase. So far they’re paying back at about 4 to 5% interest. A lot better than any bank.


11 posted on 02/11/2009 1:13:40 PM PST by AuntB (The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925; Foreigners 2008)
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To: Brookhaven

Are there any cons to paying electronically, I have hesitated doing that.


12 posted on 02/11/2009 1:14:08 PM PST by notaliberal (Obama: The Abortion President)
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To: refermech

Me, too! I love those forever stamps!


13 posted on 02/11/2009 1:22:34 PM PST by PERKY2004 (Proud Military Wife -- my DH is in his 26th year of military service! PRAY 4 OUR TROOPS!)
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To: Justaham

I’m a clerk w/ USPS. Big deficit due to costs ranging from
retirement/pensions to gas prices. USPS can only borrow so much money from the government, and prices can only go up so much (tied to rate of inflation). Some feel it would be wiser to up the price to something like 50 cents and pay off the debt. USPS can’t.

Yes, even I pay some bills online these days. But I do send
packages, letters, and some bills through the mail. They say
we have a decline in volume. Maybe so, but we’re seeing a lot
of Valentines, tax forms, bills, and such going through the mail at my office.

Newspapers are thinner these days and cost you 75 cents in many places. But you can send a letter 3,000 miles for
42, soon to be 44, cents. Maybe if we were privatized things might run smoother, etc.

But you might have to pay a lot more for that stamp. Or you might find smaller offices closed because they’re not cost efficient (actually might be a good idea, but people would be sure to grumble when they have to drive miles out of their way to go to the P.O. if a closer one shut down).

In countries like Canada, some postal service can be gotten at drugstores and such. Also, their postal employees have
gone on strike. Many times. (We’re considered essential
employees and can’t.)


14 posted on 02/11/2009 1:27:38 PM PST by raccoonradio
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To: Justaham

Those who think 45¢ is too much should take it there themselves.


15 posted on 02/11/2009 1:30:00 PM PST by Petronski (For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
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To: a fool in paradise

Could be a good solution; the idea is that “Standard Mail”
(”junk mail”) is given to heavy volume mailers at a discount
to encourage them. Personally I try if at all possible
to opt out of junk mail (mail preference service)

btw another big cost for USPS was the installation of machines to detect anthrax after 9/11 (two postal employees
died due to anthrax). There is a procedure should anthrax
be detected at a facility.


16 posted on 02/11/2009 1:33:13 PM PST by raccoonradio
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To: raccoonradio

Other money saving methods have been used recently at the postal service, including limiting of overtime and
voluntary early retirement.


17 posted on 02/11/2009 1:36:11 PM PST by raccoonradio
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To: Brookhaven

>>(they were raising the price so often.)

It does seem like it goes up on a regular basis, and I don’t know for sure how it compares with the price of stamps in other countries—other than Canada, which I just checked.
They currently are at 54 cents Cdn. for letters, or 43.4
cents U.S. Similar.

Postal rates over the past few yrs
http://www.vaughns-1-pagers.com/economics/postal-rates.htm

1971— 8c
1978—15c
1985—22c
1991—29c (”Elvis stamp” time)
1995—32c
2000—34 c
2002—37 c
Jan ‘06—39 c
May ‘07—41 c
May ‘08—42 c
May ‘09—44 c


18 posted on 02/11/2009 1:42:36 PM PST by raccoonradio
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To: refermech
"Whoo hoo!! Looks like that investment I made in forever stamps paid big dividends!!/S/"

Me too.

I made $2.40 on the 120 I recently purchased.

19 posted on 02/11/2009 1:44:58 PM PST by blam
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To: raccoonradio
It's gone up roughly equal with inflation. With a few exceptions, if you add one zero to the 1960 price of anything, you're looking at the price today. In 1960 a stamp was four cents. Today, 44 cents. Cars, homes and electronics vary because of greater opulence today and discounts because of advancing technology, but for most things I've found it to be true.
20 posted on 02/11/2009 1:48:51 PM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: Richard Kimball

Inflation calcuator says 4 cents in 1960 = 29 cents in 20008: http://data.bls.gov/cgi-bin/cpicalc.pl


21 posted on 02/11/2009 2:02:43 PM PST by Age of Reason
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To: Age of Reason

I think it would be more than that in 20008

;)


22 posted on 02/11/2009 2:04:43 PM PST by freedomlover (Make sure you're in love - before you move in the heavy stuff)
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To: Richard Kimball

Dino juice @ 10 bucks? Sounds good!!
Wages haven’t kept up though. (Back in “the day” prices were arbitrary of course, but something might cost say, $10.50 , but that .50c meant something to a working man, subsidiary coinage wasn’t so much detritus as it might be today.


23 posted on 02/11/2009 4:05:17 PM PST by Freedom4US
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To: Age of Reason
I think that's low, based on my experience. A candy bar in 1960 was 5¢ to 10¢ cents. Now it's 50 cents to a buck, excepting sales. A coke was 5¢ to 15¢, now it's 50¢ to $1.50. Movies were 50¢ for an adult. Now they're $5 for a matinee, more later in the evening.

Better production has forced some items down. Food is proportionally a lot less expensive, except for fast food, etc. where you're paying for convenience, and, of course, there's a lot more variety, so you have a lot more choices from low end to high end.

Cars have remained stable in price considering inflation, and I think are a better value today. In 1965, if somebody got 100,000 miles out of a car, they were great at maintenance and very careful drivers. Today, if you change the oil and don't wreck it, most cars will turn 100,000 with no problems. In 1966, the Corvette, which was a pretty fancy car, didn't have A/C standard, AM radio and roll up windows. About half of all cars did not have an A/C. Mileage was a LOT less.

24 posted on 02/11/2009 5:15:52 PM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: Justaham

Ten years ago I took out a large post office box when I moved my office. I no longer get mail. No broker statement, few checks, almost no letters, no magazines or trade pubs.

Checks are electronically deposited and not mailed. Statements are e mailed or on line. Letters come from politicians, but all work correspondence is via e mail.

Although my business is smaller, the mail is disproportionately less. When scaled up to a really large company, emailing of checks could be saving as much as it costs me to run my business.

Like newspapers, the USPO is in a heap of trouble


25 posted on 02/11/2009 5:30:15 PM PST by bert (K.E. N.P. +12 . The original point of America was not to be Europe)
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