Glenn said that the manufacturer is trying to position this as the “cadillac” of light bulbs, hence the premium price.
“Could you give me a box of the cheap ones, please? It’s a light bulb, for the love of Pete. It’s a $50 light bulb,” Glenn said.
“The good news is you’re helping pay for it. You’re subsidizing the $50 light bulb,” Glenn said.
Saturday, May 17, 2014
American taxpayers subsidizing $50 light bulbs?
This is a real irritation for me. LED bulbs are being subsidized by utility companies as mandated by law. Where is the incentive to bring prices down if they are subsidized?