Seems that a lot of folks confuse "fixed costs" with "operating costs". The guy has to make the backhoe payment (or suffer the depreciation if its paid for) whether it works or not; ditto the insurance. Sounds like his actual operating costs were about 25 bucks, so he ended up with $175 toward fixed costs and labor. Not a bad day, especially if the alternative was getting nothing.
In tough times, its the guy who scratches for jobs who makes it through. Who knows, if he scratches enough, he might even be able to buy the "I won't move my machine for less than $XXX" guy's machine at the bankruptcy auction!
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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