Whatever happens to prices in the rest of the economy, postal rates seem to do nothing but zoom. Last week the financially troubled U.S. Postal Service formally applied to the Postal Rate Commission for a 26% across-the-board boost in rates. Though the commission will spend a year considering the proposal, the service will be allowed to lift rates on a "temporary" basis shortly after Christmas. The Postal Service noted that it is currently losing $2.6 billion a year, and even after the next increase it will lose "hundreds of millions of dollars"...
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