Despite ‘Regret,’ U.S. to Pour money into Etsy shops Buying Handmade, Handmade World | (0)
Reposted from the {New New} blog: WASHINGTON - The government put itself four-square into the country’s online handmade retail business Tuesday, resorting to what President Obama conceded was the unwelcome choice of massive government investments in Etsy shops in order to continue to make good design, clever non-mass-market goods, and really nice smelling soaps available on a wide scale. The president said the decision to pour money into the nation’s Etsy shops— a kind of federal intervention not seen since the Depression era — was “not intended to take over the free market for handmade goods." Said Treasury Secretary Timothy Geithner: “We regret ...
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