A Three Cent Stamp Costs 46 Cents?

I can remember when a first class stamp cost 3 cents. We didn't call them "first class stamps" - we called them "three-cent stamps.".

In those days in the 40's and 50's, a candy bar, Pepsi or ice cream cone cost a nickel. From 1932 until 1958, a regular first class stamp cost 3 cents. From 1928 to 1952, a post card cost one cent to mail. Air Mail cost more, depending on weight and distance.

Now, not only has postage gone up to 46 cents for a 3 cent stamp, a nickel Pepsi or Hershey Bar cost over a dollar, and a nickel ice cream cone is a buck and a half.

According to conservative opponents who are trying to kill the Postal Service, curtail service and take away our local post offices, the USPS is bankrupt.

Jim Hightower has the real story here.