August 14, 2006


School shoppers see PC prices fall (Michelle Kessler, 8/14/06, USA TODAY)

PC prices are hitting historic lows this back-to-school season.

Low-end desktops are appearing in stores for as little as $299. But the hot sellers are laptops, which account for about 60% of PCs sold, says laptop analyst Samir Bhavnani with researcher Current Analysis.

Average laptop prices have finally dropped below their traditional floor of $1,000, and bargain models can often be found for less than $399, Bhavnani says. Office Depot recently advertised one for $279, though it had to be special ordered and shipped for an extra $70.

Somebody want to wake up Chairman Bernanke...

Posted by Orrin Judd at August 14, 2006 8:10 AM

Milk is up to $3.69 a gallon. Sometimes more.

Posted by: ratbert at August 14, 2006 10:32 AM

Isn't the government still keeping the price of milk artificially high?

Posted by: Bryan at August 14, 2006 10:48 AM

Bought a gallon of milk for $1.99 at the local "7-11" on Saturday. It may be a loss leader, but it sure tastes good.

Posted by: The Other Brother at August 14, 2006 10:55 AM

The federal govt sets the price of milk based on geography, IIRC. Since the 1930s the price of milk is based how near the cow is to Eau Claire, WI. It may have been changed recently to how far the cow is from Boston (or maybe the bill failed). I don't remember the details, except that the whole thing is loony.

Posted by: Gideon at August 14, 2006 12:05 PM

Remember a while back, Vermont dairy farmers destroyed most of their cows, so the cost of milk could be kept artificially high. Just another reason to thank Sen. Leahy.

Posted by: erp at August 14, 2006 1:45 PM

I thought Jumpin' Jim Jeffords loved those cows.

Guess not.

Posted by: jim hamlen at August 14, 2006 1:50 PM

Got a source for that? Not that I don't trust you, but I'll need to do better than "Somebody on the Internet told me" when I'm bickering with Vermont farmers."

Posted by: Bryan at August 14, 2006 4:56 PM


Our uncle slaughtered his herd under that program--that's where most of the NH & VT herds went.

Posted by: oj at August 14, 2006 5:24 PM

Bryan, we were living in Vermont at the time and it wasn't a secret, so a quick Google should give you all the ammunition you need.

Bickering with local farmers? Hmm. Bickering about …

Posted by: erp at August 14, 2006 7:08 PM

In the interest of accuracy, our uncle didn't participate in the herd reduction program, though he considered it. The program essentially compensated farmers for slaughtering dairy cows to reduce the supply of milk. A couple years after the program, said uncle sold his herd to another farmer (in S.C. as far as I recall.)

Posted by: The Other Brother at August 14, 2006 7:35 PM