Cable and satellite TV providers are ringing in the new year with an unwelcomed gift: higher cable bills.
Comcast, for instance, says customer bills will rise 2.2 percent, on average, in 2018. AT&T is raising DirecTV's prices by up to $8 a month in mid-January. Smaller providers are planning increases, too.
Over the past decade, prices for TV service have risen almost twice as fast as inflation, according to an analysis of government data. Data provider S&P Global Market Intelligence says customers' cable and satellite TV bills have soared 53 percent since 2007, to $100.98 in 2017.
Annual rate hikes are as guaranteed as death and taxes. But you can push back and trim your bill.
What are you gonna do instead, read?
(Score: 4, Insightful) by VLM on Saturday January 06 2018, @04:04PM
Its an indictment of whatever politically massaged statistic you're using for inflation more than anything else. Kinda like the GDP debacle. If you massage a statistic enough, we may never by definition see GDP drop ever again.
Meanwhile out in the real world, there inflation rate is quite a bit higher and the business cycle continues oscillating just like it always will.
Some of this is fairly obvious and logical. Lets say you take a unified culture and measure some number. Next, multiculturalize it and intentionally annihilate the middle class leaving two wildly separate groups, the very poor and very rich rapidly having nothing in common with each other. So 50s white america has been annihilated to the cheers or jeers of various groups and a number we used to measure 50s america's performance is now measuring a pile of groups that have nothing financially or culturally in common with each other beyond temporarily living under a unified government in the same geographic area. Now, you can always manufacture a number, much as you can manufacture sausage, but does that number actually mean anything actionable reflective of the real world? Obviously not.
The average number of armadillos per square mile means something in new mexico (or whereever the hell armadillos live).
The average number of armadillos per square mile in North America means almost nothing as a number.