We posted a week and a half ago about the cute baby quilt priced at $3,530 — formerly $58, but with a new higher price to cover the required testing under CPSIA. (In general, items with many colors and components are hardest hit by the law’s onerous testing requirements.) At Etsy, the online crafts market, you can check out a whole gallery with dozens of “CPSIA specials” reflecting the new cost structure that Reps. Henry Waxman, Bobby Rush and their colleagues have succeeded in inflicting on the handcrafted market as of Feb. 10. (If the link doesn’t work, search “CPSIA” and sort by highest-price-first).
And if you’re on a limited budget, here’s a $900 “Elsa the Elephant” stuffed toy:
(Note to any consumer-advocacy lawyers in the readership whose first impulse is to cross-examine the crafters who posted these items: yes, it’s true, the cost of the testing can be spread over the entire lot of goods produced in the particular style and size. So the mom who makes the polka-dot socks at her kitchen table and sells them on Etsy doesn’t really have to recoup her $3,940 expected testing bill by selling one $3,940 pair of socks. She could instead break even by selling 10 pairs at $394 each, or even 197 pairs at $20 each. You sure tripped her up on that!)