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#1 |
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Freakshow
Moderator
Forum Icon Join Date: Feb 01, 2008
Location: Brooklyn, NY
Posts: 57,153
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Stamp prices to go up 2-cents in May
By RANDOLPH E. SCHMID, Associated Press Writer Randolph E. Schmid, Associated Press Writer – Tue Feb 10, 4:21 pm ET The U.S. Postal Service announced Tuesday that the price of a first-class stamp will rise to 44 cents on May 11. That gives plenty of time to stock up on Forever Stamps, which will continue to sell at the current 42-cent rate until the increase occurs. They will remain valid in the future regardless of rate hikes. "The Postal Service is not immune to rising costs which are affecting homes and businesses across America today," said Postmaster General John Potter. "Even with the increases, the Postal Service continues to offer some of the lowest postage prices in the world." Postage rates go up annually in May, with the new prices announced in February. The overall change is tied to the rate of inflation in the year before. While the new 44-cent rate covers the first ounce of first-class mail, the price for each additional ounce will remain unchanged at 17-cents. Postal officials estimate the increase will cost the average household $3-a-year. Buffeted by rising costs and declining mail volume, the Postal Service lost $2.8 billion last year and, unless the economy turns around, is headed toward much larger losses this year. The agency could have cited extraordinary circumstances and asked the independent Postal Regulatory Commission for larger increases, but officials felt that would only result in a greater decline in mail volume. The post office has been cutting costs, reducing work hours, and has asked Congress to ease requirements for advance funds for retiree benefits and to allow mail to be delivered five days a week instead of six. Other changes taking effect May 11: • The postcard stamp increases 1-cent to 28 cents. • The first ounce of a large envelope increases 5 cents to 88 cents. • The first ounce of a parcel increases 5 cents to $1.22. • New international postcard and letter prices are, for one ounce, 75 cents to Canada; 79 cents to Mexico; and 98 cents elsewhere. Most Postal Service shipping services prices were adjusted in January and will not change in May. http://news.yahoo.com/s/ap/20090210/...t/postal_rates |
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#2 |
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The truth will set you free
Forum Fanatic
Join Date: Dec 05, 2002
Location: 3rd Stone From The Sun
Posts: 9,525
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#3 |
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Member
Forum 3000 Club Member
Join Date: May 10, 2007
Location: Altoona PA
Posts: 3,411
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What about all the eBay junk I have been winning--That has to be helping out the post office??
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#4 |
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Colonel Brandon
Forum Fanatic
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__________________
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#5 |
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Member
Forum Star
Join Date: Dec 01, 2000
Location: Between a rock and a hard place.
Posts: 11,235
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Cliff Clavin, I blame you! (OK, I can't really blame him, but he is a mailman.) |
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#6 |
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Member
Forum Star
Join Date: Jun 18, 2008
Location: Kalamazoo, Michigan
Posts: 19,008
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everything goes up but your wages. |
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#7 |
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Retired Admin - Hollywood Swingin'
Forum Legend
Join Date: Aug 03, 2001
Location: Beantown
Posts: 36,388
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The Internet must be crushing the postal service, with e-cards, e-gifts, e-mail, internet banking, etc. I use a fraction of the stamps that I previously used.
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#8 | |
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The truth will set you free
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Join Date: Dec 05, 2002
Location: 3rd Stone From The Sun
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#9 | |
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God Bless Val
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Join Date: May 29, 2006
Location: Bewitched in Ohio
Posts: 70,392
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__________________
"Jesus loves you and He approves this message." "I'm alive. I'm feeling good. I'm trying to live every moment as much as I can." - Valerie Harper, March 2013
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#10 |
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The truth will set you free
Forum Fanatic
Join Date: Dec 05, 2002
Location: 3rd Stone From The Sun
Posts: 9,525
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#11 | |
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Retired
Eternal Member
![]() Forum Veteran Join Date: Dec 10, 2006
Posts: 7,520
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Quote:
Exactly! About 15 years ago, i was going through a book of stamps by the week. these days, a book lasts me almost two months. |
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#12 |
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RIP, I'LL NEVER FORGET YOU :(
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Forum Superstar Join Date: Jul 13, 2003
Location: AT HOME WISHING ALL THIS WAS JUST A DREAM AND THAT I'LL WAKE UP FROM THIS NIGHTMARE.
Posts: 34,416
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I don't pay a dime for postage stamps, I just have JJ paint them on the envelopes.
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#13 | |
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God Bless Val
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Join Date: May 29, 2006
Location: Bewitched in Ohio
Posts: 70,392
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#14 | |
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Member
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Join Date: Jan 04, 2001
Posts: 53,140
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Although people may not be buying as much stuff either, so less stuff sent.... Evil circle. Perhaps if people sent more stuff USPS instead of UPS and FedEx..... |
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#15 | |
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RIP, I'LL NEVER FORGET YOU :(
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Forum Superstar Join Date: Jul 13, 2003
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