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Mailing in US got more expensive



 
 
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  #1  
Old January 28th 19, 04:09 PM posted to rec.collecting.stamps.discuss
Victor Manta
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Posts: 1,246
Default Mailing in US got more expensive

The price of a first-class forever stamp went up on last Sunday, from 50
cents to 55 cents. That 10 percent increase is the largest single price jump
in the history of the Postal Service, the Associated Press reports.

The Postal Service lost $3.9 billion in 2018. First class mail volume
decreased by about 2.1 billion pieces. According to USA Today, "it was the
12th year in a row the agency reported a loss despite growth in package
shipping."

It is also more expensive to send a package using Priority Mail. The price
of a small box rises from $7.20 to $7.90; a medium box increases from $13.65
to $14.35.

Source:
https://www.npr.org/2019/01/28/68923...-increase-ever

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  #2  
Old January 29th 19, 04:08 PM posted to rec.collecting.stamps.discuss
Sir F.A. Rien[_2_]
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Posts: 117
Default Mailing in US got more expensive

The price of a first-class forever stamp went up on last Sunday, from 50
cents to 55 cents. That 10 percent increase is the largest single price jump
in the history of the Postal Service, the Associated Press reports.

As usual the newsettes have it WRONG!

The postal increase of November 2, 1917 and of July 6, 1932 were 50%
jumps.
The postal increase of January 7, 1963 was 25% as was that of March
2, 1974.
The postal increase of December 31, 1975 was 30%.
The previous 10+% increase was January 1, 1995.

The 1 reduction [2%] on April 10, 2016 was when a first class
stamp became 47 cents: for the first time in 97 years (and for the
third time in the agency's history)!

The Postal Service lost $3.9 billion in 2018. First class mail volume
decreased by about 2.1 billion pieces. According to USA Today, "it was the
12th year in a row the agency reported a loss despite growth in package
shipping."

That they're attempting to bail out their weetheart deals with UPS
and Fed-Up Hex at the exxpense of the citizen isn't surprising! One
Postal Official on the 'news' commented that individual mailings are
down ... well HELL YEAH! As prices go out of reach, you DO NOT use
the 'service'!

It is also more expensive to send a package using Priority Mail. The price
of a small box rises from $7.20 to $7.90; a medium box increases from $13.65
to $14.35.


Source:
https://www.npr.org/2019/01/28/68923...-increase-ever



JA

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  #3  
Old January 30th 19, 09:39 PM posted to rec.collecting.stamps.discuss
Victor Manta
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Posts: 1,246
Default Mailing in US got more expensive

"Sir F.A. Rien" wrote in message
...

The postal increase of November 2, 1917 and of July 6, 1932 were 50%
jumps.


Yes indeed, but...

The increase couldn't be smaller in 2017 because the rate jumped from $ 0.02
to $ 0.03. The $ 0.01 (or 1 cent, penny) was and is the smallest subdivision
(coin) of the dollar. BTW, this rate dropped just after two years (the end
of war) back to $ 0.02.

The same is valid for the 1932 increase, just that the rate didn't drop back
anymore. Some following increases were also significative in percents, but
the 6 to 8, 10 to 13 etc. weren't the only alternative increases anymore.

Anyway, the last increase on Jan. 27, 2019, a 10 percent jump since Jan. 21,
2018, is a very important one and shouldn't be underestimated.

https://en.wikipedia.org/wiki/Histor..._postage_rates

Let us compare the last increase in postal rate with the general inflation
rate: "Annual inflation rate in the United States fell to 1.9 percent in
December of 2018 from 2.2 percent in November, matching market expectations.
It is the lowest inflation rate since August of 2017 (...)".

https://tradingeconomics.com/united-.../inflation-cpi

Therefore roughly over the last year the USPS postal rates went up 10
percent while the inflation actually went down. I mentioned the inflation
because it was the usual "culprit" for postal rates increases, even if it
grew significantly slower.


  #4  
Old January 31st 19, 11:36 AM posted to rec.collecting.stamps.discuss
Victor Manta
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Posts: 1,246
Default Mailing in US got more expensive

"Victor Manta" wrote in message ...

The increase couldn't be smaller in 2017 (...)


Correction: The increase couldn't be smaller in 1917 (...)

Victor Manta

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  #5  
Old January 31st 19, 04:13 PM posted to rec.collecting.stamps.discuss
Sir F.A. Rien[_2_]
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Posts: 117
Default Mailing in US got more expensive

The postal increase of November 2, 1917 and of July 6, 1932 were 50%
jumps.


Yes indeed, but...

The increase couldn't be smaller in 2017 because the rate jumped from $ 0.02
to $ 0.03. The $ 0.01 (or 1 cent, penny) was and is the smallest subdivision
(coin) of the dollar. BTW, this rate dropped just after two years (the end
of war) back to $ 0.02.

We have/had 1 1/2 cent stamps!
Stamps are produce by PRINTING, therefor we could have ANY rate they
might choose to set!

Anyway, the last increase on Jan. 27, 2019, a 10 percent jump since Jan. 21,
2018, is a very important one and shouldn't be underestimated.

I never undersetimate the incompetency of the USPS! Many of my
letters from the UK goin into the maw of the ISC in CA. The might
re-appear in days, weeks or even [on two occasions] MONTHS!
Naturally if they land at ISC NY, consider them GONE! Extra true if
they're REGISTERED !!!

Therefore roughly over the last year the USPS postal rates went up 10
percent while the inflation actually went down. I mentioned the inflation
because it was the usual "culprit" for postal rates increases, even if it
grew significantly slower.

You can always find someone/something to blame anything upon, as
long as it is not the manglement of the company/service/gummint!

Right now, despite congression edict [law?] they're doing everything
the can to 'prove' the local PO is 'not needed'. This despite the
seniors in the area getting their medications through their PO
Boxes. [We do NOT have house delivery! - You walk/bike/drive to the
PO!]

At this point we're down to 22 hours of 'service' a week, with the
mail arival often being up to an hour late, so the poor clerk has to
rush to get it out and still meet their arbitrary, 'Distributed'
check in scan and time. Still a rumor is that it will be reduced to
12 hours per week sometime in 2019. Obviously, if you can not get
the mail, then the PO isn't needed - self-fulfilling prophecy,
innit?

For this I should be happy to pay more ... and then have the
clueless newsies come up with "the largest postal rate increase in
history"?

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  #6  
Old January 31st 19, 10:30 PM posted to rec.collecting.stamps.discuss
Victor Manta
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Posts: 1,246
Default Mailing in US got more expensive

"Sir F.A. Rien" wrote in message
...

For this I should be happy to pay more ...


It is known that more was offered in the past, even if the technical means
(transportation, printing of stamps, sorting of mail, etc.) were less
developed and therefore more expensive.

By using the Inflation Calculator found he

https://www.usinflationcalculator.com/

I found out that a letter under an ounce, that was franked by a 2 cents
stamp in 1919, should be franked hundred year later with a 29 cents stamp
(1991 level).

The USPS customers pay in 2019 roughly the double of that, despite the
technical progress and increased quantity of mail when compared with 1919.
The higher costs come, I suppose, from higher wages and operating costs.

Even if for an individual, who sends a quite limited number of letters, a 10
percent increase in postal rates is acceptable, and they would pay even more
for a better service, a known consequence of postal rates increases is that
many companies that operate by mail are driven out of their core business.
This backfiring should not be ignored either.

  #7  
Old February 1st 19, 04:23 PM posted to rec.collecting.stamps.discuss
Sir F.A. Rien[_2_]
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Posts: 117
Default Mailing in US got more expensive

Even if for an individual, who sends a quite limited number of letters, a 10
percent increase in postal rates is acceptable, and they would pay even more
for a better service, a known consequence of postal rates increases is that
many companies that operate by mail are driven out of their core business.
This backfiring should not be ignored either.


But it's the typical response of a nonaccountable bureaucracy.
Give less service, charge more, then whine that 'business' is
falling off!

It's not, as it's a monopoly, that we have any other real choices
for anything physical that must be sent.

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