The Obama administration is pushing to change the cable box by expanding its capabilities to grow the market for other companies to include their services and enhance competition.
As it is, the average American pays more than $200 a year to rent cable boxes from their cable or satellite company. By implementing more options to the cable box, the president’s administration hopes to drive down prices of the box, in attempts to include more innovative products.
Two of Obama’s top economic advisers, Jeff Zients and Jason Furman said,
“Instead of spending nearly $1,000 over four years to lease a set of behind-the-times boxes, American families will have options to own a device for much less money that will integrate everything they want – including their cable or satellite content, as well as online streaming apps in one, easier-to-use gadget.”
This is quite a hot topic right now considering the presidential primaries and their focus on the working class. One instance is the ongoing strike of nearly 40,000 Verizon employees, where Democratic presidential candidate Bernie Sanders made an unexpected appearance to their picket line in Brooklyn just a few days ago.
Clearly, this is something Americans will want given the current state of our economy and the lack of choices in overpriced products.
Source: The Washington Post
