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jaminus

join:2004-10-14
Arlington, VA

reply to Jeffrey

Re: Love that line

Not that I'm for rate increases, but it actually is quite relevant that the hike is smaller than the increase in price level.

Cablevision doesn't live in a bubble. Its employees expect higher wages, gas is more expensive (well, at least it has been on average) and food costs more as well. Besides, the quantity of goods and services you must now go without in order to pay your cable bill is smaller than it was last year. Again, not saying you shouldn't grumble, but higher prices are a part of life.

It also really sucks that your raise is less than inflation. To an economist, that wouldn't even be a raise! If your management understands the distinction between real and nominal money you might ask them what you did to deserve a pay cut.

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