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Postage stamp prices: USPS stamp price increase sparks outrage

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The postage increase from 46 cents to 49 cents is causing outrage from consumers, reported Wednesday. The new rate goes into effect January 26, 2014.

Just a year ago, the price of the first class stamp rose from 45 cents to 46 cents. This year it increases by 6 percent, a 3 cent increase.

The US Postal Service has been losing money for years. USPS management has been unable to get Congress to cancel delivery on Saturdays. USPS is also required to pre-fund retirement plans. The Postal Service has also saw volume way down in recent years because of the Internet and more recently, the recession.

26-year-old man, Kamal Mohamed in Falls Church, Va. said at a Post Office on Saturday: "I send everything by email... ...I'm just returning something that I bought online. "

On Dec. 24, the Postal Regulatory Commission voted to raise the cost of sending letters, magazines, and packages by about six percent. Business groups are complaining over the above-inflation increases.

What do ordinary users of mail think about paying 49 cents a stamp versus the current 46 cents? Alice Mandanis, a retired college professor said, "I like to write personal letters. I like to pay my bills at home. I'm not sure about putting everything online. "

Postal customer Leila Bendeck agreed with Mandanis "I think it's nice to get Thank You cards and notes in the mail from time to time, so I like to try to send those. "

Larry Berman said he completely understands the need to raise postal rates: "I think [the Postal Service is] efficient. They need to stay in business. [And] the workers need to get their heath care paid."

What do you think of the postal rate increase? Leave you comments below.


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