Wires are significantly oversized. Then voltage losses are sufficiently minimal. 14 AWG wire was once the standard for 20 amp circuits. It was increased to 12 - not to eliminate overloads - to reduce voltage drops on those long branch circuits in a structure.
There is a lot to study in this simple statement. We were debating why there were not more fires with the 30 on 14 just touches the tip of this. There is a lot of thought that the minimum standards are somehow inadequate which is not really true in regard to some wire size and maybe even more today with energy save, off peak, or less peak loads all the time.
Can light a whole house with a couple amps, instead of 40 welding we got 20, instead of 5 real hp we got 22A, we dont need bigger pipe to the toilet of shower but can now put 5 shitters on the same water and drain used to be for 1
How much does it really hurt your circ saw to drop from 122 to 115? The horror of the heat,,, like most guys here could work hard enough to put any real wear on one anyway and could the user ever notice.
I am highly experiences welder,, I can just tell the difference in a 140 wire feed adding 50 ft of 14 cord, a little bit,,,, wide open, never hurt the machine a bit. This is 23A. So do you really need 12 so for every chore10A battery charge, 8 grinder, same for a Sawzall and is each of these used 100 ft? I like one of the pex charts, they got one for 60 ft, 1 for 100. They know they aint all 100 with most being closer to 60, same for 120V and in my own case simply sub so my circuits didn't start off 120 ft when it mattered.
Got a couple lights,,, 75 ft long and intentionally used 14, 2 amp load. There seems to be some compulsion to assume every wire installed will be loaded 100% all the time cause it has a 15 breaker on it. Got some with 13 watts actual load.