Comments on: No U.S. Rate Hike in January 2025 http://virtualstampclub.com/lloydblog/?p=18365 News and information about stamp collecting Tue, 08 Oct 2024 22:48:26 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: VSC http://virtualstampclub.com/lloydblog/?p=18365#comment-428821 Tue, 08 Oct 2024 22:48:26 +0000 http://virtualstampclub.com/lloydblog/?p=18365#comment-428821 In reply to bob bankhead.

I don’t want to talk politics here, but I don’t see it. If the USPS were to raise rates “on schedule” in January, it would affect inflation in the next presidential administration. It has no effect now, except to provide some optimism on inflation now, during the Biden administration.

Also, I think DeJoy is so focused on his legacy as the PMG who turned around the USPS that he wouldn’t risk that.

Back to philately!

]]> By: bob bankhead http://virtualstampclub.com/lloydblog/?p=18365#comment-428818 Tue, 08 Oct 2024 04:03:18 +0000 http://virtualstampclub.com/lloydblog/?p=18365#comment-428818 The conspiracy theorist mind begs the question: what part – if any – did the up-coming elections play in this decision? DeJoy has been adamant about raising prices twice a year but now thinks he can wait until July 2025 – AFTER the election – to do it again.

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