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The Machinists’ Mantra: Level Thy Lathe | Hackaday
Let’s say you’ve gone and bought yourself a sweet sweet metal lathe. Maybe it’s one of the new price-conscious Asian models, or maybe it’s a lovely old cast iron beast that you found behind a foreclosed machine shop. You followed all the advice for setting it up, and now you’re ready to make chips, right? Well, not so fast. Unlike other big power tools, such as band saws or whatever people use to modify dead trees, machine tools need to be properly level. Not, “Hurr hurr my carpenter’s level says the bubble is in the middle”, but like really level.
lathe  level 
3 days ago by mvh
What Reflation? Despite Massive Money Printing, Japan's Industrial Production Still Below 2008 Levels
Even at its peak in early 2014, Industrial Production was still 12% less than it was in February 2008. That 10.5% gain during QQE and early Abenomics wasn’t really all that significant, and in the wider historical context never really appeared to be.
Rather than learn from what is a clear repetition in pattern, these mistaken impressions and interpretations were repeated once more in 2016. QQE and Abenomics had worked, so it was claimed, it just took a couple of additional years for the results to show. Between January 2014 and May 2016, IP dropped another 7.4%. It was easily blamed on the VAT tax in increase in April 2014, though no one ever explains why those negative pressures would take almost two and a half years to be worked through.
japan  industry  production  level  2008-2018  quote 
22 days ago by elev8

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