Free Republic
Browse · Search
News/Activism
Topics · Post Article


2 posted on 08/22/2009 6:48:27 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: kellynla

That’s a great graphic and would look even worse if you used, say 1880, for a base year. First class postage was two cents from then until World War II, except for a brief period during World War I when they were increased to three cents. After that war ended, they went back down to two cents where they would remain until World War II bumped them up permanently.


11 posted on 08/22/2009 7:01:32 AM PDT by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: kellynla
”Feb ”Oct ”June
”May ”August

Actually, stamps went back up from two cents to three in 1932, not World War II. They were definitely three cents in 1950 and rose to four cents in the summer of 1958, the base year for the chart in post #2.

20 posted on 08/22/2009 7:17:18 AM PDT by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: kellynla
The graph and the article hide one little fact: the worst of postal inflation increases relative to the CPI was from 1958-1974. The stamp went from 4¢ to 10¢ (+150%) while the CPI went up only +70%. From 1974 to 2008 the stamp went from 10¢ to 42¢ (+320%) while the CPI went up +332%. Set the baseline year up to 1974 and you'll see inflation and the stamp price moving in lockstep.

(I picked 2008 as the last year because the inflation calculator I use ends then and I didn't feel like going to the monthly CPI data.)

Postal rate history (and an interesting inflation adjusted graph) from http://en.wikipedia.org/wiki/History_of_United_States_postage_rates

Inflation calculator as http://www.westegg.com/inflation/

38 posted on 08/22/2009 8:38:22 AM PDT by KarlInOhio ("I can run wild for six months ...after that, I have no expectation of success" - Admiral Obama-moto)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson