What’s The Lowest Stamp Price You Can Recall?

I don’t know how I missed it, but I guess last month the US Post Office announced that they want to institute a five cent increase in stamps.

This would bring the price of a first class letter to a cool fifty cents.

Changes are definitely needed at the Post Office, which has been hemorrhaging money and is facing something like fifteen billion dollars in losses.

Personally, I think structural changes are the only thing that can save the USPS.  As prices rise, I think you’ll find that people will just send less in the mail, so revenue won’t increase as much as they are hoping, if at all.

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