Market effects
If you're thinking about getting that new 3G iPhone, you might want to hold off a few more months and see what happens with the other carriers. BusinessWeek has an article about how AT&T's aggressive subsidizing of the iPhone will have a
negative impact on handset makers and carriers, because it's going to force them to increase subsidies and reduce service fees. Translation: good times for the consumer bold enough to stay off the iPhone train.
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digital tv transition
The federal government continues to bungle the transition to digital television, this time by making it difficult for consumers to redeem subsidy coupons for DTV converter boxes.
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this is broken
The USDA likes to pay dead farmers to grow corn, according to a new report from the Government Accountability Office. Some of the dead farmers received in excess of $500,000 in government subsidies. Hmm! How very mysterious!
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illinois
To those of us who grew up there, this news is a bit like reporting on the sun rising in the morning, but for the rest of you...From the Chicago Tribune:
Draw a map of Chicago-area communities where businesses have received state subsidies. Now draw another of places plagued by joblessness.
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Consumerist
