April 2007 - Featured Letter
As you may know, our U.S. Postal Service will increase the cost of mailing a first-class letter from $.39 to $.41 on May 14, 2007. Does this sound like a recording? Why are we writing about this every year? Doesn’t anyone in Washington know how to run a postal service without losing money? Because we don’t want our American economy to go into a tailspin over this seemingly innocuous increase, we are enclosing ten two-cent stamps for your convenience.
The actual financial impact of the two-cent increase to our American economy is computed as follows. Let’s assume that 20 million Americans (about 10% of the country) make a special trip to purchase two-cent stamps, taking an average of 45 minutes round trip (we’re accounting for long lines at the post office). Let’s assume the average hourly value of their time is $12 per hour. In this projection, the cost/time value of 20 million Americans buying two-cent stamps is ONE HUNDRED EIGHTY MILLION DOLLARS. Can you believe it? (With tongue in cheek) we take pride in the fact that our simple gesture of sending out these stamps has saved you – and our nation – a bundle in lost productivity.
When it comes to productivity, we at Hymson Goldstein & Pantiliat modestly state that our strong suits are efficiency, responsiveness, and planning. We’ll save you time, worry, and costly mistakes. After all, our business is your peace of mind. TM
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