Hate to say it but the confluence of horrendous choices on AT&T’s part and now the inflationary economy spells doom for this company.
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Shadowstats.com?
You mean the site that uses questionable metrics to make measurements and which often over-estimates inflation by up to a factor of 10X if not more?
According to inflation calculated by shadowstats, based on the price of canned tomato sauce in 1982 (25 cents per can) the cost in 2015 should be $2.64, yet the actual real price was 79 cents per can. That's kind of a whopping miss in terms of inflation calculation.
But hey, some people love them those conspiracy theories, so have at it. Anything to prevent reality, truth, and facts from bursting your little bubbles.
The stock market had a fantastic June, yet T dropped in value to 30-year low. Inflation has dropped to an annualized rate of under 4%, yet T's prices are rising.
Official Inflation numbers are absolute hogwash. They changed the model for political purposes.
Check shadowstats.com for the real inflation calculated to standards in the early 1990s.
phones and internet are the last things to go.
Stankey will make the economy great again.
The economy has about as much to do with T's current situation as an earthworm has to do with the orbit of Jupiter.
The stock market had a fantastic June, yet T dropped in value to 30-year low. Inflation has dropped to an annualized rate of under 4%, yet T's prices are rising.
Don't let Stink off the hook by being lazy and blaming the economy. This is all self-inflicted.
This was as predictable as the sun rising in the east. But don't worry, the same folks that got us to this point are gonna get it right this time.
People will give up their internet and phones. AT&T is a goiner.