Its complex. Cell phone plans became way cheaper in my country than 20 years ago, they used to be shockingly expensive. People old enough will remember SMS weren't cheap and a single minute of call was shockingly expensive.
I'd same similar thing happened with the internet, you can now get a basic plan for cheaper than 20 years ago. Is it as cheap as it should be? Probably not.
It's interesting this hasn't happened with cable I somewhat agree with you there. However you have alternatives that are just as good like Netflix and cost 20 bucks or less if you can live with ads.
Agreed, I think it's a mistake to treat "cable" as the entire product category here. It's a (dying) subset of the product category, not the whole category. Like internet and cellular service, SOTA television content as a whole hasn't ever really been cheaper than it is today.
It's interesting this hasn't happened with cable I somewhat agree with you there. However you have alternatives that are just as good like Netflix and cost 20 bucks or less if you can live with ads.