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Submission + - AT&T Lowers Data Access to $500/GB -- Yes, Low (infoworld.com)

GMGruman writes: "No doubt in a move to demonstrate how having fewer carriers (once it buys T-Mobile) will be good for U.S. cellular customers, AT&T has announced lower data pricing for customers not on contract: On a per-gigabyte basis, GoPhone users will only pay $500 rather than the previous $5,000. Such a deal. The pricing is indeed lower, but even the best option for such users is five times more than regular customers pay. And given that pay-as-you-go pricing is what the poor and people living paycheck to paycheck use, the result is those who can afford the least still pay by far the most. Outrageous."
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AT&T Lowers Data Access to $500/GB -- Yes, Low

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The herd instinct among economists makes sheep look like independent thinkers.

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