(Continued from previous post)

I can’t actually think of a second case of cooler heads prevailing. The CPSIA regulations that were passed in the last few years were predicited to have catastrophic consequences for the toy industry and other industries producing or retaling children's products. They were passed as a knee-jerk reaction to product safety blunders and missteps by Mattel, RC2 and perhaps others. The regulations as originally written were absurd in many cases, and without modification they might have been catastrophic, but in time, with amendments passed, it seems we have mostly all survived.

One legacy of the CPSIA regulations is the dramatically increased cost of testing, often wastefully duplicative, resulting in higher prices of toys at retail. That is unfortunate, but Christmas has once more come and gone, and the consumer is still buying toys. We have survived and may once again thrive.

Hopefully we will never again allow such safety regulations to be triggered and come crashing down on all our heads. "Once stung, twice shy," my mother would say. Would that she be right.

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