I’ve got a new opinion piece up at Forbes.com on one of the worst pieces of legislation I’ve seen in many a year, the Consumer Product Safety Improvement Act, and the need to repeal it before it capsizes tens of thousands of small businesses:
Hailed almost universally on its passage last year–it passed the Senate 89 to three and the House by 424 to one, with Ron Paul the lone dissenter–CPSIA is now shaping up as a calamity for businesses and an epic failure of regulation, threatening 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. How could this have happened?
P.S. The piece as first posted included a Vermont publication’s quote attributed to David Arkush of Public Citizen; that organization almost immediately wrote in to point out that Arkush has disavowed the quote in question, so I substituted a different one. The conversation at Greco Woodcrafting tracing the matter is well worth a close look.