Middle class goes broadband as price falls

The AP reports:

Middle- and working-class Americans signed up for high-speed Internet access in record numbers in the past year, apparently lured by a price war among phone companies.

Broadband adoption increased 59 percent from March last year to March 2006 among U.S. households with incomes between $30,000 and $50,000, according to a survey to be released Monday by the Pew Internet and American Life Project.

It increased 40 percent in households making less than $30,000 a year. Among blacks, it increased 121 percent, according to the study.

Middle- and lower-income households still lag higher-income households when it comes to broadband adoption. Among the $30,000-$50,000 households, 43 percent now have broadband, compared to 68 percent for those making more than $75,000.



Overall, 42 percent of adult Americans, or 84 million people, have broadband, compared to 30 percent a year ago.

The miracle of capitalism.