L.A. Liberty

<strike>Corruption</strike> Government Responsible for 80% of Your Cell Phone Bill →

statehate:

awesome-everyday:

And so Americans continue to have a small number of expensive, poor quality cell phone providers. And how much does this cost you? Take your phone bill, and cut it by 80%. That’s how much you should be paying. You see, according to the Organization for Economic Cooperation and Development, people in Sweden, the Netherlands, and Finland pay on average less than $130 a year for cell phone service. Americans pay $635.85 a year. That $500 a year difference, from most consumers with a cell phone, goes straight to AT&T and Verizon (and to a much lesser extent Sprint and T-Mobile). It’s the cost of corruption. It’s also, from the perspective of these companies, the return on their campaign contributions and lobbying expenditures. Every penny they spend in DC and in state capitols ensures that you pay high bills, to them.

Wow.

This is the direct result of government interferences (i.e. regulations), which create barriers to entry and establish oligopolies.

(Source: azspot)

Notes:

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    THISSSSSS

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    I heard that things are even worse north of Lake Erie. (Seriously, Canada’s cell phone market is terrible.)

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    Yes, here in Costa Rica I pay a maximum of $10 a month for my phone service, mostly because it is government provided...

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