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Price of a stamp set to rise AGAIN as postal service struggles to recoup $3 billion loss
mail online ^ | ap

Posted on 12/26/2013 6:31:31 AM PST by Morgana

Mailing a letter is about to get a little more expensive.

Regulators on Tuesday approved a temporary price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter in an effort to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn.

Many consumers won't feel the price increase immediately. Forever stamps, good for first-class postage whatever the future rate, can be purchased at the lower price until the new rate is effective January 26.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: stamps; usps

1 posted on 12/26/2013 6:31:31 AM PST by Morgana
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To: Morgana

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.


2 posted on 12/26/2013 6:36:05 AM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: lacrew

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.


3 posted on 12/26/2013 6:46:28 AM PST by Duke of Milan
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To: Morgana
Regulators on Tuesday approved a temporary price hike of 3 cents for a first-class stamp,

Temporary?

I won't be holding my breath for the 46¢ stamp to return.

4 posted on 12/26/2013 6:50:57 AM PST by KarlInOhio (Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
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To: lacrew

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.


5 posted on 12/26/2013 6:51:24 AM PST by fatnotlazy
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To: Morgana

Buy a year’s worth of ‘forever’ stamps... they’ll be on sale until the change.


6 posted on 12/26/2013 6:55:40 AM PST by GOPJ ("Remember who the real enemy is... ")
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To: fatnotlazy

Identity theft still occurs at the mailbox, bud. If you don’t remove your name and address from your mail and shred those labels before discarding or recycling the rest, you are leaving your name and address out in the trash for any dumpster diver to find. That’s over 50% of the work right there. If you have a mailbox by the road, there’s nothing to stop them from sifting through for credit card offers, medical bills, utility bills, etc. As soon as they have any of those, your identity is as good as gone.

This is coming from someone who used to think the way you do. I do everything online behind the “cloak” of encrypted transactions. If they want my data, they either have to want it enough to devote cycles to decrypting my personal information or the retailer has to be dumb enough to lose it (See: Target). At which point I vote with my wallet and stop patronizing that business. With the USPS, you don’t have a choice but to use them.


7 posted on 12/26/2013 6:57:36 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: Morgana

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!


8 posted on 12/26/2013 7:04:23 AM PST by Dave346
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To: Morgana

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.


9 posted on 12/26/2013 7:05:22 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: Morgana

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).


10 posted on 12/26/2013 7:08:19 AM PST by chiefqc
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To: Morgana

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?...


11 posted on 12/26/2013 7:30:43 AM PST by joethedrummer
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To: rarestia
My “mailbox” is a slot in the garage door. And I do remove labels, shred old bills and so forth.

Not sure I fully trust online security measures. Of course, most sites are far more secure than, say, Target's, but there are a lot of enterprising geniuses out there whose sole mission in life is to hack anything and everything. Too bad that genius couldn't be applied to maybe a cure for cancer, but that's the world we live in.

12 posted on 12/26/2013 7:33:01 AM PST by fatnotlazy
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To: Morgana

Expensive = Government operated


13 posted on 12/26/2013 7:33:45 AM PST by Vaduz
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To: fatnotlazy

Okay, well you do more than most folks.

Keep in mind that Target’s recent fiasco was not a result of online security failures but physical security faults at point-of-sale systems. The people who were affected were shoppers at physical stores.

I’ve had my CC number swiped a few times as a result of skimmers at restaurants: people who have a second card swipe that is used to catalog your account number for later use. It’s impossible to track who’s doing it. Your best bet is to memorize the 3-digit CVV2 number on the back of your card and physical scratch it out of the card with a knife. If people at points of sale ask for it, decline to do business with them. There’s no reason for POS people to have that number. That’s a newer measure put in place for online security.


14 posted on 12/26/2013 7:51:50 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: Morgana

Gee, maybe they shouldn’t have sold that five-year supply of Forever Stamps????


15 posted on 12/26/2013 7:58:08 AM PST by Buckeye McFrog
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To: Morgana; Revolting cat!; GeronL

You’ll be able to buy the new FOREVEREVER stamp now.


16 posted on 12/26/2013 8:30:21 AM PST by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: lacrew; Revolting cat!; GeronL

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.


17 posted on 12/26/2013 8:34:34 AM PST by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: rarestia

Thank you for the valuable reminders.


18 posted on 12/26/2013 8:39:06 AM PST by fatnotlazy
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To: Dave346
I still remember when first class cost 25 cents! Doesn’t feel like that long ago!

I remember when they were a dime, but so were the candy bars that now go for a buck in the convenience stores.
19 posted on 12/26/2013 8:47:41 AM PST by Dr. Sivana (There's no salvation in politics.)
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To: Dr. Sivana

McDonalds fries 10c burgers 15c


20 posted on 12/26/2013 8:48:42 AM PST by nascarnation (Wish everyone see a "Gay Kwanzaa")
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To: nascarnation

Didn’t they used to have a jingle about ‘change from your dollar’ or some such?


21 posted on 12/26/2013 8:49:47 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Morgana

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.


22 posted on 12/26/2013 8:49:55 AM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: Morgana

bm


23 posted on 12/26/2013 8:51:30 AM PST by Para-Ord.45 ( Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: Morgana

Nothing says socialism like being able to mail a letter next door or three thousand miles away for the same price.


24 posted on 12/26/2013 9:48:42 AM PST by klgator
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To: a fool in paradise

bump


25 posted on 12/26/2013 10:00:38 AM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Duke of Milan

To put that in perspective, they lost 16 billion in 2012.


26 posted on 12/26/2013 6:17:20 PM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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