Bidenomics: Price of Postage Stamps Going Up Again on Sunday (Up 24 Percent Since 2021)
Citing “inflationary pressures”, the U.S. Postal Service is increasing rates again on Sunday, with the price of first class “forever” stamps rising about 3 percent from 66 cents to 68 cents. The price for a first class forever stamp when Joe Biden took office in 2021 was 55 cents. At 68 cents, that makes about a 24 percent increase thanks to Bidenomics (23.6 percent).
2024 forever flag stamps, image via USPS.
The Postal Service announced the increase, along with other rate increases, last October (excerpt):
“As inflationary pressures on operating expenses continue and the effects of a previously defective pricing model are still being felt,
