Opinion Postal increases are hurting businesses and nonprofits
As Mr. Waldman noted, users of USPS provide most of the funding. But the lion’s share of USPS revenue comes from businesses and nonprofit organizations. They spend thousands or millions a year on postage. They respond to how much postage goes up and how quickly, not what a stamp costs in other countries.
The amount and speed of postage increases since 2019 are staggering: The price of a stamp has increased 32 percent since 2019. The problem is that many of the businesses and organizations that fund USPS cannot afford these increases and are forced to cut volume.