A lot of national forest land was formed from land that was more or less abandoned after the initial logging. Especially as you go east.
Which doesn't mean I want dramatic management changes, but they are hardly pristine.
Probably be healthy for encouraging development in the right places for people to realize that much of what we consider "natural" was dramatically altered fairly recently. They built the park where I live out of sand in like the last 100 years and no doubt more than a few people would object to improving it because it's natural.
I think there is: It is the line between "not spending extra money to make sure it works" and "spending extra money to make sure it won't work".
There is a related problem with warranty: an inferior third-party replacement part may cause damage to higher-quality original parts. There is a line here between "making sure you don't have to deal with follow-up damage caused by inferior parts" and "preventing the use of inferior parts". This is a bit more blurry because most cases won't be clear-cut, and dealing with them will be a burden on the original manufacturer.
I think it is important that we reward the nice players as much as we punish the bad ones. A blanket "all companies bad" just means that no company has an incentive to be anything less than bad.
I had an interesting situation where we had failure of a Thule bike trailer wheel and could see where the connection-to-the-trailer design had changed from an earlier version (from the company that Thule bought). The wheel functioned the same, but you could see a clear difference which fully explained the failure. I expect it was a cost optimisation, and we only encountered the failure because we used it very heavily.
Edit: they also failed to honour their warranty commitments, but that was secondary.
I wonder if the gauge is just a horrible design that uses the battery to keep some memory alive.
Microcontrollers with persistent memory are not expensive, so something like that would just be horrible design, not something you could even try to justify as a cost reduction.
The idea behind the regulation is that it's providing the maximum incentive to bring cheaper electricity to market.
If you try to mandate that high cost producers charge less, they will do what makes sense to control costs and then quit altogether once they are losing money.
If youve never experienced costco or been a member, this is difficult to understand but there is an undercurrent, nay, a prevailing sentiment of savings value and above all else things like rebate and cash back. Costco has established transparency for the consumer so pocketing the money is an egregious offense for most customers.
- credit cards offered by costco offer generous cashback
- most costco food items include discount pricing thats predictable and visible in the price itself. the decimal value of the price can even determine if the item is being phased out.
- even costco memberships are broken down into savings and the staff will gladly quantify your expenditures and potential cash back should you change or upgrade a membership. unused membership portions are even refunded.
- the refunds. no questions asked, for virtually anything, any time. this is where the costco member expects tariffs to be refunded as well.
I fully expect these to get refunded back to customers.
I occasionally get a gift card in the mail for a product I already purchased from Costco because they negotiated a better price for the batch after the fact.
> a prevailing sentiment of savings value and above all else things like rebate and cash back.
I did some consulting work there a long time ago building some software to manage inventory in one of their departments.
When we asked about their goals, like improve margins, they said "absolutely not, we will not increase beyond 14%". When we asked why, they said "the minute our customers think we are increasing margins, we will lose members, and membership is the goal."
Costco uses a convention for their retail (doesn’t work for by-weight) products where e.g .97 typically means it’s a limited run or to be discontinued.
There are others as well, they have more precise meaning for their internal procurement processes but that’s the customer facing rule of thumb.
Even if that was the case, your infering that customers who paid these fees are not entitled to be refunded when their suing the u.s. government for reimbursement of those collected fees.
If the narrative that u.s. consumers paid inflated prices because of this then the money should go back to the consumers.
I guess Costco suing for a refund means they need to finance that campaign, and Costco consumers can do the same to them; maybe Costco should just drop their claim and let consumers try and recover from the US government...
If they had listed a line item for tariff fees then I could see the argument and would say that any refunds should go to customers. By not listing a tariff line item, Costco absorbed the additional costs and likely increased prices. In that scenario they, Costco, are the ones that should be entitled to a refund.
This is the same if you walk the chain backwards. Suppliers to Costco that simply raised prices and internally absorbed the tariffs are the ones due a refund, not Costco. Suppliers that sent Costco and invoice with a tariff line item should be on the hook to refund Costco (which means they should be seeking a refund from the US)
Amazon did try to add that line item and the administration pressured them to remove it. And you are making a very big assumption that either Costco or their suppliers absorbed the cost of the tariffs. Because I don't have a link handy, one study I read said more than 80% of the cost of tariffs came from the consumer's pocket, not the supply chain.
When I say absorbed I don't mean they didn't raise prices. I mean they didn't just transparently pass those extra tariff fees on to customers as a line item. With that increase in base costs they either lower their margins and earnings or they increase prices to keep them in a stable range. They are a for-profit business so it's highly unlikely they'd simply absorb the increased costs and not raise prices. There may have been some initial elasticity where costs rose faster than price rose.
It's not like Costco told them that. Buying something because a third party misinformed you (or in this case, was only temporarily right) doesn't invalidate the transaction.
You think a seller has some price obligation to you? If they set a price and you pay the price, what they paid for the good is irrelevant unless you had some cost-plus contract that they violated.
Costco's position seems pretty unremarkable to me. What % of modern retail sales are both paid in cash, and unconnected to any loyalty/reward program? I'd bet it's under 10%. And even then, a company could refund everyone it knew about, then say "bring in your receipts" for the remainder.
I remember a story on Walmart's data analysis capacity being something like 2 years of line item data for a customer. I've read numbers that suggest 10PB / day ingested from their ecommerce operations and 2-3 PB/hr data processing. Pretty incredible.
For modern ecommerce, figurative recording every twitch of your mouse in their store, I'd believe that.
But to save only the "SKU, qty., unit price, date" receipt info - which you would need to process tariff refunds - that'd be maybe 16 bytes per receipt line? To hit even 1TB/day, you'd need a billion customers, each buying 64 items. On that one day.
I live in a moderately cold area and pay less than $2000 a year to heat a ~2000 square foot home. So something that improves the efficiency of the building would have to have a pretty low cost to even pay back at all.
There's probably a few lower cost things that I am overlooking, to the tune of netting out a few hundred dollars of savings after however many years they took to pay back.
A well built home with more insulation will, according to physics, lose less heat in any given scenario. So policies that push for things that improve buildings can reduce energy use.
Do you think we have reached peak building efficiency or something?
Which doesn't mean I want dramatic management changes, but they are hardly pristine.
Probably be healthy for encouraging development in the right places for people to realize that much of what we consider "natural" was dramatically altered fairly recently. They built the park where I live out of sand in like the last 100 years and no doubt more than a few people would object to improving it because it's natural.
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