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The US Postal Service introduced “Forever Stamps” in 2007 — these stamps can be used for first-class postage at any time, whatever the current rate may be. The first-class rate just climbed to 45 cents, an increase of one whole cent. (Do you remember what a cent is? It’s that brown thing that you throw into a dish next to the cash register.)
To its credit, the US Postal Service has issued only one stamp with a 45-cent denomination (a “Weather Vane” stamp) — the rest are Forever Stamps and one-cent makeup stamps. Hopefully, as it transitions to Forever Stamps, our Post Office will stop wasting our money printing makeup stamps.
I say this knowing that the waste in the US Postal Service is measured in millions, whereas the waste and fraud in military spending and medical care is in the billions. Too bad that we taxpayers can’t cover those costs with Forever Money.