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Friday, March 04, 2016

Stamp Price Cut Could Cost USPS $2 Billion a Year

The U.S. Postal Service warns if an "irrational" stamp-price cut goes through next month, it'll cost the financially struggling post office $2 billion a year.

In a statement from the USPS, Postmaster General and CEO Megan Brennan says a surcharge granted by 2014 legislation "only partially alleviated our extreme multi-year revenue declines resulting from the Great Recession."

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8 comments:

  1. USPS needs to close down.

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  2. Get rid of the lazy loafers that work there. Save 10 times that much

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  3. Just raise it to 50¢ and leave us alone for a while.

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  4. Wait, we're losing money at what we're charging now... let's lower our prices and make it up on volume!

    GENIUS!

    Good Lord, can't we get somebody to run that place who has ever had a business of their own?????

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  5. Took them 2 weeks to deliver a package to my house and it was intentionally ripped open.
    Some one was very interested in knowing what was in it.

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  6. the postal service is like every other government entity the qualified don't get chosen to fill managerial positions its all Buddy Buddy who's willing to shed any pride tget have for promotions. Then when the go to congress for bailouts 100's of millions of dollars is given out on bonuses. Postmaster general 4 years you can decide to leave with 150,000 annually and health coverage. And the expenses that are racked up in relocation of managers is ridiculous. You have peopke in our local office that have to wait on average about hour a day to get their mail to get it ready for delivery, some says it can be close to two. This outfit is definitely a dinosaur in the delivery business. And to think they had all the business at one point, overnight parcels and letter Mail. Their inefficiency allowed two major companies to take off. As long as us as tax payers don't start making life uneasy for all the local state federal officials nothing will ever change. The Postal Service has been getting bailouts for 30 years. This has run its course and as they say history repeats itself (1930's ring a bell) the dollar isn't even worth the paper and ink it take to produce

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  7. I have been using the usps since i was 10 years old and never had a problem what so ever so thats 45 years still pretty cheap to mail a bill or a letter i think just my opie.

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  8. The best post office in Salisbury is the College Avenue one. Most of the time there is only one person to wait on you, and there is always a line. This one should be manned at all times by two people, it is very busy and the clerk is very pleasant no matter how busy it gets in there.

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