January 16, 2009

CPSIA - who does it affect?

While Jadewicks does not focus on children's items, we've been carefully watching what has been going on with the Consumer Product Safety Improvement Act (CPSIA). What started as a means to make sure our children are safe from harmful products and toys is venturing into a complete obliteration of the small business and their owners. Not only will this affect smaller businesses, but larger businesses that focus on used goods (Goodwill, Salvation Army, etc).

There are many companies that are not exempt from the new law. What will happen to these stores that cannot afford the testing? What will happen to the items?

Mr. Walter Olson of Forbes.com has a really well written blurb on this issue. Take a read HERE.

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