Cable Prices Keep Going Up
Here’s what we fear about what could happen with cell phone carriers—home cable prices have risen 77 percent since 1996, which is about double the rate of inflation, the Bureau of Labor Statistics reported in May.
A New York Times story said that cable customers, who typically pay at least $60 a month, watch only a fraction of what they pay for—on average, a mere 13 percent of the 118 channels available to them:
“The resiliency of cable is all the more remarkable because the Internet was supposed to change all things digital.
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