Cable TV Prices Rising At Four Times the Inflation Rate

An anonymous reader writes "A new FCC report (PDF) has found that U.S. cable TV prices are rising at four times the rate of inflation over the past two decades. 'Basic cable service prices increased by 6.5 percent [to $22.63] for the 12 months ending January 1, 2013. Expanded basic cable prices increased by 5.1 percent [to $64.41] for those 12 months, and at a compound average annual rate of 6.1 percent over the 18-year period from 1995-2013. ... These price increases compare to a 1.6 percent increase in general inflation as measured by the CPI (All Items) for the same one-year period.' Equipment prices rose faster than inflation, too. The report also found that the price increases weren't helped by competition — in fact, the prices rose faster where there were competing providers than in areas where the main provider had no effective competition."

Comments

Re:Wow, that matches

[Cryacin]

You're right. He should be more considerate. It's all about balance. Unfortunately, since the furlough's and cost cutting has been brought in, this delicate balance has been upset.

For example, the "Pushing paper to the left dept" has faced significant downsizing, and now must push double the pieces of paper to the left in a given day, as the "Pushing paper to the right dept" is of strategic importance to the "Defending the pencil holder dept". At this rate, there are two extra pieces of paper that must be moved according to government procedures and standards exactly one inch to the left, and there are now only 30 people left in this area to perform this arduous and highly important task.

At this rate, we will be drowning in paper by the year 2045 unless something is done immediately! Think of the children.