Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (98809)	1/23/2011 12:55:07 PM
From: lorne	2 Recommendations Respond to of 224748

Why it costs 44 cents to mail a letter Saturday, January 22, 2011 washingtonpost.com Postal Service accounting is an arcane art, but here's an educated estimate of the costs of delivering a first-class letter. Less than half of the cost is directly attributable to sorting and delivering the letter. The rest goes to the Postal Service's general overhead costs. Even then, it will lose about 4 cents on the transaction as it struggles to meet unfunded obligations to its retirees. - Andrew Schneider COST TO USPS48 cents Sorting labor10 cents Delivery labor7 Facility/vehicle maintenance2 Fuel/transportation1 Buildings, equipment, vehicles2 Retiree pension/health2 Misc. expense/First Class8 Corporate overhead.16 operating loss -4 cents Cost to consumer44 cents Schneider is an MBA student at George Washington University