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Forums » Cablevision Joins Rate Hike Season Festivities » Love that line
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Jeffrey
too dark too early
Premium
join:2002-12-24
Dix Hills,NY
clubs:

1 edit
 Love that line

quote:
"once again below the current rate of inflation"
My raise, which will be nonexistent, will also be below the rate of inflation.

jaminus

join:2004-10-14
Arlington, VA

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.

elray

join:2000-12-16
Santa Monica, CA
·SONIC.NET
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reply to Jeffrey
said by Jeffrey See Profile :

quote:
"once again below the current rate of inflation"
My raise, which will be nonexistent, will also be below the rate of inflation.
Now that's chutzpah, considering that one of the main complaints against the cable industry, has been that their rate increases have outpaced inflation 3:1 since 1996.

I guess if you raise early and often, eventually you can coast and pretend you're doing us a favor.

We disconnected cable TV some years ago, when they jacked basic service to $52/month. If they offered us ala carte services, I'm sure we'd pay at least $30/month, maybe more, given the choice. But until that day comes, they'll make ZERO dollars off us.
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