Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Why These Stupid One-Cent Stamps?

February 19, 1999February 12, 2017

I have no problem with the new cost of a first-class stamp. The extra penny is obviously trivial, and even 33 cents is a bargain compared with, say, FedEx. It’s the extra time that gets me-having to buy all those sheets of one-cent stamps (lick-on, only; adhesives not available). All that little folding and tearing and licking and sticking. And the idiotic idea of someone returning your letter because you forgot the extra penny.

AND IT’S COMPLETELY UNNECESSARY!

All they had to say was:

1. From now on, no new 32-cent stamps will be produced.

2. But all existing 32-cent stamps will be accepted for mailing a letter.

The result? Just much easier for everybody.

I can think of only two conceivable objections:

1. It would give some people with lots of stamps an unfair advantage.

Oh, please. A few lucky souls with rolls of 32-cent stamps would save a little money. But even this wouldn’t be unfair. Sure, I, with my 10 rolls of stamps, would ultimately save $10, while you with your four stamps in the top right-hand drawer of your desk and that other now-somewhat-wrinkly-one next to the paperclips would save only 5 cents. But (apart from a rousing who cares!) it actually evens out. Because by buying my 10 rolls of stamps a few months in advance, I was in effect giving the USPS a $320 interest-free loan. So this $10 can be thought of as just a little interest.

2. It would cut into the projected revenue from the rate hike.

Oh, please again. If this were a concern, and it’s hard to imagine it really could be (bear in mind, this little convenience wouldn’t affect metered mail or all the other classes of postage), the USPS could just have moved up the “effective date” of the price-hike by a week or two. (Starting sooner would have meant more extra pennies sooner, thus balancing out the pennies “lost” by accepting 32-cent stamps for first-class mail.)

The Post Office does a great job, but readers of this column will know this is the second time it has made me mad with pointless user-unfriendly regulations. (See “Going Postal,” if I ever get the ARCHIVES up and running on this site.) You don’t want to be around if I get mad a third time.

Post navigation

← Dow 14,000
Bill’s Excellent Proposal →

Quote of the Day

"Great minds discuss ideas, average minds discuss events, small minds discuss people."

Admiral Hyman Rickover

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • We Alone Can Fix It

    January 13, 2026
  • ICE, Measles, HYMC, Epstein, And More

    January 11, 2026
  • Little Narco

    January 9, 2026
  • Why Warren Buffett's A Democrat

    January 7, 2026
  • It Was Just An Arrest

    January 7, 2026
  • Gold, Silver And The Melania Coin

    January 6, 2026
  • Must Watch / Might Watch / Petrodollars

    January 5, 2026
  • VZ: Holding Two Thoughts At A Time

    January 3, 2026
  • A Holiday "Truth" From The President

    January 2, 2026
  • 2026

    December 31, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams