It's 1981 All Over Again (Rate Changes)

One expects that raising rates is a strategy to boost income but it could also be a method to drive the Congress to act.

Several aspects of the USPS plan (many noted before it was called the 10 year plan) to address issues were ideas like moving postal employees to Medicare, a new fleet of vehicles, focus more on packages, etc.

The USPS is a highly political football by nature and as such many decisions and proposals are subject to the machinations of, wait for it, politicians.

Just like the BRAC program of the DoD the best intentions become so twisted by politics that they become unrecognizable.

Letterpress has the core of the matter correct. The USPS is a monopoly in the truest sense.

What the Founder's envisioned and what it is are two different animals entirely. Unions? Pre-funded liabilities? Email?

Everything governmental becomes bloated and inefficient. It exists for itself and nothing else.

The U.S. Inflation rate was 7% in 2021. If this trend continues over the decade, the twice annual increases might be pretty steep.

Well glad I got a coil roll of the commemorative Waving Flag First Class stamps. Bought them as the sell coils with a 100 stamps, a nice change from selling 1,000 or more. So why not get a coil or two, save a few with the plate number on it, and use the rest.