Wednesday, March 18, 2009

Consumer Product Safety Improvement Act

Last year Congress passed, by overwhelming majorities, the Consumer Product Safety Improvement Act (CPSIA).

Sounds like a good thing. After all, who doesn't want consumer products improved?

The problem is that it threatens "to wipe out tens of thousands of small makers of children's items from coast to coast, and taking a particular toll on the handcrafted and creative, the small-production-run and sideline at-home business, not to mention struggling retailers."

This is because the law requires that products sold to children under 12 be tested for led. All products, even if they are made of wood or cloth which contain no lead. Even children's library books would need to be tested--but since the American Library Association has a lot of Democratic political clout, they have been able to get a one year reprieve.

Small companies which lack the power are not so lucky. The expensive tests will force thousands of small companies out of business and tens of thousands of employees out of work.

For those companies which do have products tested, the cost of the expensive tests will be passed on to you in the form of higher prices.

With lunatic programs like the CPSIA, the endless bailouts, the massive and expensive expansion of government programs, and President Obama's proposed "cap and trade" program, it is no exageration to say that our own politicians are doing more to destroy American than Al Qaeda!

Read the story on Forbes.

UPDATE: Hugh Hewitt points out that "The outrage over the AIG bonuses is over $165 million in taxpayer money. The cost of CPSIA is at least $3 billion in perfectly safe inventory that must be destroyed and tens of thousands of lost jobs --and it could be fixed if Congress bothered to take a day to do so."

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