

8 years ago
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USPS Will Cut Postage Rates This Weekend, Isn’t Happy About It
If you’ve been stocking up on Forever stamps since the last price hike at the beginning of 2014, we have some bad news: those the price of first-class stamps will fall by 2¢ down to 47¢ this weekend. That might perhaps causing slight annoyance for consumers, but will hurt the U.S. Postal Service financially. The price cut, you see, wasn’t their idea. The price cut came from the government entity that regulates the postal service, the logically named Postal Regulatory Commission.
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Does the post office usually get to set their own prices? If not, WHY? At this point if it could help at all I would support upping the price to 50¢ across the board for letters, post cards, etc. For boxes and stuff I'm sticking at the current rates, priority mail is like $7.50 a box flat rate.
It just seems to me the powers in DC loathe the post office and want it to fail so they can push us all into having to use private companies like UPS and FedEx.