Government

How silly are stamp prices?

12 Comments 19 March 2010

stamp-price

Stamp prices have been on the increase since 1932.  Prior to then, the only price drop in stamp history was the drop from $0.03 to $0.02 in 1883 and 1919.  Since, we have seen nothing but stamp price hikes throughout history.

Argument 1:

Stamp prices have to increase for sustainability.  Since the emergence of email, instant messenger, online bill pay, webcams, and those silly e-card sites, the need for a stamp to communicate to someone or pay bills has decline.  Mailing can take up to 8 days.  Email simplifies this into 3 minutes.

Stamps also have to increase along with inflation.  Mail trucks require gas.  The Postal Service systems have received quite an overhaul in the past decades that require funding as well.

Argument 2:

Stamp prices are not overly high at all.  Stamps have only gone from $0.03 to $0.44 in 147 years.  I don’t think any other product can beat that price increase from a consumer standpoint in this lifetime.  Stamps are also collector items.

But don’t let me change your opinion.  What do you think?

How silly are stamp prices?

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