Why 49cents? Why not make it an even 50?First-Class Postage Rate Will Rise To 49 Cents Next Month
by
December 24, 2013 4:59 PM
You'll soon need some 3-cent stamps to go with those 46-cent ones.
Regulators on Tuesday authorized the increase, and beginning Jan. 26, it'll cost 49 cents to send a first-class letter. Bulk rate mail, periodicals and package service rates will go up 6 percent, The Associated Press says.
Regulators rejected a request to make the price hike permanent and say instead that it will last no longer than two years, by which time the U.S. Postal Service should have recouped $2.8 billion in losses.
The AP says:
"The independent Postal Regulatory Commission said the change was justified by severe mail volume decreases since 2008."
http://www.npr.org/blogs/thetwo-way/201 ... next-month
And another thing... The justification they give is declining volume... They can't cover overhead. Simple economics tells us when demand is falling, you don't RAISE prices! You need to cut costs! Stop Saturday deliveries!
Honestly you should probably stop Tuesday and Thursday deliveries too! The postal service is a dying industry and it's not their fault or anybody else'. New technology has made it obsolete! Mail is transmitted electronically now. We need to quit pissing so much money away on the postal service!