MPA to USPS - "Don't Raise Rates!"
The Magazine Publishers of America (MPA) are expressing frustration over the prospect of a third postage rate increase in two years, saying that this "is not what the American economy needs at this time."
The MPA wants the rate increase to be delayed until 2003 at the earliest. The proposed rate increase for magazines would be 10%.
Last year rates were hiked up 9.9% in January, and an additional 2.6% in July.
The MPA has called on Congress, and the Administration, to join in their cause in delaying any rate increases.
Not content with just talking, magazine publishers are actually trying their best to do something about the situation, as they will continue to work closely with the Postal Service to identify additional way to increase efficiency, cut costs, and avoid continued and unnecessary rate hikes.
Higher rates would lead to more of a burden on the magazine publishers, which could come back to the magazine buyers in the form of higher newsstand price, and to the advertisers in the form of hiked advertising rates.