Cutting sheet steel

Regarding HF tools:

Cheap goods will always drive quality goods out of the market place, a fact
pointed out by Adam Smith more than 200 years ago.

Once the quality goods have been driven out, the price of the cheap goods will
then rise to the point where you will be paying high prices for junk. The
number of everyday examples that illustrate this point are too numerous to
mention but some examples all should appreciate are clothing, light bulbs and
automobiles.

In a dollar-oriented society there appears to be no easy solution for this
economic fact of life.

-R.S.Hoover

Regarding HF tools:

Cheap goods will always drive quality goods out of the market place, a fact
pointed out by Adam Smith more than 200 years ago.

Once the quality goods have been driven out, the price of the cheap goods will
then rise to the point where you will be paying high prices for junk. The
number of everyday examples that illustrate this point are too numerous to
mention but some examples all should appreciate are clothing, light bulbs and
automobiles.

In a dollar-oriented society there appears to be no easy solution for this
economic fact of life.

-R.S.Hoover
++++++++++++++++++++

Having a 'down' day?

If I understand you correctly...
today's cars are junk as compared
to decades ago?

Crummy brakes, steering, handling and
lousey gas mileage is what I remember
from those 'good old days'. Ditto for early
washing machines, tube TV's, ad nauseum.

The only thing that sticks with me about
Adam Smith is that he's dead and dead right
about self interest as the "invisible hand" that
guides the most efficient use of resources
as a consequence of economic freedom.

What that means to me in plain english is --
I buy some junk... and lotsa' good stuff.

I have faith in the 'common' man and his
choices in a free market system over the
long haul.

YMMV.

Barnyard BOb - practitioner of self interest

I'll second the opinion about the quality of modern cars. I have
been astonished by the almost trouble free experience I've had with
my '92 T-Bird (bought new). At 11 years and 135K miles, it still
has the original belts, hoses, ignition wires, etc. Two of the
original tires went 77K miles. The only repair needed was the
"idle" servomotor that went out at a few years ago (the car ran
fine, but "idle" was about 1800 rpm).

David Johnson