Sunday, November 18, 2012

Postage Going Up

Stamps are going up again.  I can remember when that was considered a bad omen and people would cringe when they heard it.  Today, with all the technology of computers, email and such it no long poses a threat to the people.  Thus you have the Postal Service finding itself in a downhill spiral.
The U.S. Postal Service, which posted a record annual loss of $15.9 billion, decided on the rate increase last month. The rate increase is tied to the rate of overall inflation and will make only a small dent in the mail agency's financial losses.

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