 maartenaElmoPremium
join:2002-05-10
Orange, CA
kudos:1
 ·AT&T U-Verse
 ·DIRECTV
| reply to Dogfather
Re: Duh. said by Dogfather:Of course it doesn't help that cable continues to raise video prices at 3X inflation. That is also (partially) because of increased operation costs. Fuel prices are nice and low now, but for a while they had to run their service vans on $3.50 - $4.00 a gallon. The devaluation of the Dollar also meant that importing electronics from Asia (like some of their set-top boxes, cable modems, etc) was getting more expensive for a while.
Electricity costs in several states have increased with more then 25% in the last 5 years, including California, which is also a huge burden for companies that rely on electricity to provide their services. There are states that have seen almost a 50% price increase in electricity over the last 5 years. The cost of doing business has gone up quite a bit in the last few years.
Last but not least, it is very true that a portion of price increases have to do with corporate greed, but the price increases I have seen over the last 5 years have been pretty reasonable, I think I pay maybe $10 more a month then I did 5 years ago, going from +/- $120 to +/- $135, (I added one service costing $5 earlier this year).
I'd say that is reasonable, considering inflation is about 4%. |
