Just when you think the cost of entertainment, namely home tv viewing couldn't possibly go any higher someone comes along and takes a sledgehammer to your bubble. In this instance it's Time Warner who's wielding the hammer that shatters the bubble.
For Time Warner subscribers in upstate New York that broken bubble means a cable tv rate hike. The new cost of watching tv will vary depending on where you live. The cost for Time Warner's standard cable will rise from $46.38 to $52.00 per month
A spokesperson for Time Warner, a Mr. Steve Arvan pointed out that while the company is raising their rates this current increase is below the rate of inflation. What Mr. Arvan neglected to also point out, while giving himself and the company a pat on the back is the fact that cable tv prices have far outpaced the rate of inflation over the last 10 years. Cable tv rates have quite literally skyrocketed faster than a Nasa shuttle lift-off.
While it would appear that Time Warner feels that this current rate increase is no big deal I beg to differ. For me that approx. $6.00 increase is roughly equal to the cost of 1/2lb. of sandwich meat at the deli and a loaf of bread, which would provide me with several lunches during the work week. What Time Warner doesn't seem to realize is that I have to eat, to have strength to work, to obtain the money to pay their inflated costs for their limited programming.
So Time Warner before you pat yourselves on the back once again perhaps it would be prudent for you to take your head out of the clouds and come down off your pedestal . Take the time to see what impact your continuous rate increases have on people who live in the real world. Those who live from paycheck to paycheck and rely on tv for their source of entertainment.
