Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
Do unwanted credit card solicitations clog your mailbox? Are you still steamed about the taxpayer bailout of big banks while ordinary Americans were losing their jobs and homes? Here's how to put those together to fuel a grassroots bailout of the Post Office.
Fourteen months after the last price hike, the USPS has proposed a two-cent increase in the cost of first-class postage, which would push the stamp to 46 cents. If approved, the new price would be effective Jan. 2, 2011. Still, the higher rate won't fix what really ails the service.
Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS's problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours.
In our latest Savings Experiment, we find the best way for you to ship your holiday packages that will get them there fast, make it easy for you and not cost a fortune.