No 2010 Stamp Price Increase

What does any company do when they are bleeding money? Well raise prices of course. But interesteringly enough for the cash strapped United States Postal Service, they have decided not to increase stamp prices in 2010. So that means your forever stamps aren’t going to increase in value this year. According to the USPS:

The Postal Service will not increase prices for market dominant products in calendar year 2010.

Simply stated, there will not be a price increase for market dominant products including First-Class Mail, Standard Mail, periodicals and single-piece Parcel Post.

I think the USPS is on that catch-22 of needing to make more money since consumer mail revenue is down, but raising prices will drive that down even further. There are talks on the books about closing some 3500 post offices and laying off non essential employees. It is good to finally see the USPS run like a real business and tightening its belt rather than gouging customers.

I personally use them for shipping when I sell things via eBay. They have a free package pickup where your postal carrier comes to your door to pick up your package. Can’t beat that as UPS charges $4 per pickup and that doesn’t include the shipping costs. I also buy nothing other than forever stamps, I mean why not they are the same price and they insulate you from having to use 1 cent stamps when stamp prices do increase. And I hate 1 cent stamps!

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