elister
join:2006-07-17
Seattle, WA
| reply to dynodb
Re: Wow
Dont like the rate hike? Have the FCC mandate for cable companies to negotiate long term contracts with the cable programers. No service provider, be it hard wired cable or dish based can escape yearly rate hikes. At this rate, expanded basic will cost 100$ a month in 20 years. In order to prevent rate hikes and keep costs down, companies need to be allowed to do 5-10 year contracts. |
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scrummie02
Bentley
Premium
join:2004-04-16
Arlington, VA
| Have the federal government stick their nose in small town business...no thanks.
This town did it right.
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"I hate conservatives, but I really hate liberals." - Matt Stone
»www.reason.com/ |
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elister
join:2006-07-17
Seattle, WA | This would affect all cable services across the nation if cable programmers were forced to sign long term contracts with cable companies. |
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scrummie02
Bentley
Premium
join:2004-04-16
Arlington, VA | it's also not what the FCC was created for. |
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BF69
join:2004-07-28
Camden, TN
| reply to elister
said by elister  : At this rate, expanded basic will cost 100$ a month in 20 years. A 2% yearly increase in wages will equate to a 48.5% increase in wages in 20 years. So even if basic cable goes up from $50 to $100 it will all equal out.
Also in 20 years things will be so different I doubt prices get that high do to technology improvements and increased competition and the internet. |
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KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
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| said by BF69 :A 2% yearly increase in wages will equate to a 48.5% increase in wages in 20 years. So even if basic cable goes up from $50 to $100 it will all equal out. Huh? How you figure that? Given your example, wages increased almost 50% but basic cable prices increased 100%
For it to "equal out" as you say your pay would have to have doubled. The way inflation, new expenses, and taxes work in the USA if you don't make 4% more every year you're actually losing ground.
Think about it. Doesn't sound so dramatic, does it? But what that means is after 10 years, you need to be *clearing* 40% MORE take home pay then what you made 10 years ago--- just to break even! And that's only counting average inflation. If you throw in dramatically increasing costs like Medical expenses, Tuition costs, insurance rates, and in the 2000's, energy prices, you'd really have to have increased your income by a lot more then that---- JUST to stay even.
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"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) |
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