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Completely Unwoven: Business, Economics, and Tax Policy 4.0

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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

The houses and flats in Finland will not fit 32 Mexicans per bedroom. What you're proposing simply isn't feasible there as it would still have an upper limit of perhaps 8 people, and the government keeps a much closer tab on its citizens than we do here.

I still fail to see how 585/mo will give more incentive to work than 0/month. If the receipt of the money is conditional upon working, then I'll give you it's a step in the right direction, but given it's "no strings attached", then it doesn't look like it will do anything other than suck more out of the taxpayers with no net benefit.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

I still fail to see how 585/mo will give more incentive to work than 0/month. If the receipt of the money is conditional upon working, then I'll give you it's a step in the right direction, but given it's "no strings attached", then it doesn't look like it will do anything other than suck more out of the taxpayers with no net benefit.

It's a carrot that won't be taken away in the manner that other forms of the dole have been in that country. Welfare there will be taken away if you earn over $X/week, month or year, which is set at a low threshold. This $585 will stay with you regardless, until you hit a much higher income threshold. It's a lower dollar value of public money, but you're not at risk of losing it all as you find yourself on the cusp of finally being successful. It removes the fear or losing the safety net from potential job seekers. At least that's the theory, and they want to see how it plays out with their 2,000 randomly selected existing welfare recipients.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

It's a carrot that won't be taken away in the manner that other forms of the dole have been in that country. Welfare there will be taken away if you earn over $X/week, month or year, which is set at a low threshold. This $585 will stay with you regardless, until you hit a much higher income threshold. It's a lower dollar value of public money, but you're not at risk of losing it all as you find yourself on the cusp of finally being successful. It removes the fear or losing the safety net from potential job seekers. At least that's the theory, and they want to see how it plays out with their 2,000 randomly selected existing welfare recipients.

So it's just like welfare, except it isn't. Your military tactics aren't fooling anyone.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Finland is smart. Not because the income scheme they are looking at is so great. But because they're testing. Testing is the sure fire best way to benefits based innovation.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Sears is selling tbeir Craftsman tool brand to Stanley Black & Decker for about $500MM. They're also closing 150 unprofitable stores.

How much longer?
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Sears is selling tbeir Craftsman tool brand to Stanley Black & Decker for about $500MM. They're also closing 150 unprofitable stores.

How much longer?
That depends upon when they sell the Kenmore name. Like Craftsman, their products are all made by other companies but the name matters.

Oddly enough, Craftsman has been sold in other stores for a while now. The local Ace Hardware in my town had them on display some three years ago, when I last rented a Rug Doctor.
 
Sears is selling tbeir Craftsman tool brand to Stanley Black & Decker for about $500MM. They're also closing 150 unprofitable stores.

How much longer?
Right after they sell the Kenmore and DieHard brands.

The disastrous merger with KMart was the start of the end.



Re: Finland.
I like where Finland is trying this. At least they are trying, and maybe it will turn into something all residents get, similar to their Baby Starter Boxes.
 
That depends upon when they sell the Kenmore name. Like Craftsman, their products are all made by other companies but the name matters.

Oddly enough, Craftsman has been sold in other stores for a while now. The local Ace Hardware in my town had them on display some three years ago, when I last rented a Rug Doctor.
They lessened their exclusivity in an effort to raise the cash needed to stay afloat. Makes sense, but it didn't really help.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Right after they sell the Kenmore and DieHard brands.

The disastrous merger with KMart was the start of the end.

I happen to know quite a bit about Sears. The brands are in fact gigantic. Two reasons. It makes somebody willing to drive past say a home depot to get to them for the perceived selection advantage. Also the internet blows away all conventional competitive advantages that a store based location has - leaving an etailer with price and product brand alone.

IMO Kmart was not disastrous in itself - their stores are often in regentrifying locations protected from the like of Walmart and Target that serve newly affluent minority consumers they can selectively target. Its Lampert's strategy of no investment in the platform has made it disastrous.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Craftsman is not junk. I have a bunch of their tools in the garage. They stand up far better than everything else.

No tools are made here anymore. Not the steel, not the labor, nothing
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Craftsman is not junk. I have a bunch of their tools in the garage. They stand up far better than everything else.

No tools are made here anymore. Not the steel, not the labor, nothing

I have a hammer completely made in the US, including the wooden handle & steel head. It cost 2.5x what the Chinese ones did.

May be a different story for power tools, but if it exists, it will be expensive.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

I have a hammer completely made in the US, including the wooden handle & steel head. It cost 2.5x what the Chinese ones did.

May be a different story for power tools, but if it exists, it will be expensive.

Trusty Cook makes hammers in the US, but they are dead blows not your traditional all steel hammer.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Craftsman is not junk. I have a bunch of their tools in the garage. They stand up far better than everything else.

No tools are made here anymore. Not the steel, not the labor, nothing
Craftsman used to be quality tools at a good price now you would be better off at Harbor Freight. At least you would know up front you were buying junk.

Lots of tools still made in US, Ideal bought SK and make all their hand tools here. Proto makes tools here. Snap On, Mac, Matco, professional type tools, all make hand tools here but generally have Taiwan or China offerings also. Wright tool company makes tools here in the US. The list could go on. Probably won't know any of these brands as they are marketed to mechanics or industrial users but they are made here. Hopefully Stanley starts building some of their stuff here again. The problem is folks want cheap crap instead of tools that can be passed down for generations.

http://www.wrighttool.com/
https://trustycook.com/
http://www.skhandtool.com/
 
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I'll bet my craftsman set lasts 30+ years.

Is it made in the US or in china?. I have my dad's craftsman stuff. I have craftsman stuff I bought in the 70s. Tons of professional mechanics used craftsman tools, not anymore.
 
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