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john65pennington's avatar

Are you ready for the new postal rate increases?

Asked by john65pennington (29258points) July 6th, 2010

The United States Postal Service states it lost $3.8 billion dollars last fiscal year due to rising costs and less mail being delivered because of the internet. a first-class stamp now costs .44 cents. this is still a real bargain to mail a letter, no matter how you cut it. could you deliver a letter from Florida to Seattle for .44 cents? neither could i. if a first-class postage stamp reached $1.00, it would still be a bargain. people are paying their bills and communicating more on the internet. this is the main underlying problem. Question: since the U.S. Postal Service receives no funds from taxes for its operation, do you feel the postage stamp increase is justified?

Source: AP

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