"Announcing your plans is a good way to hear god laugh." - Al Swearingen
Tuesday, October 05, 2004
Unsafe Products Reaching Retail Shelves, Consumer Reports Says (washingtonpost.com)
Unsafe Products Reaching Retail Shelves, Consumer Reports Says (washingtonpost.com): "Dozens of dangerous products that violate federal safety standards are finding their way onto retail shelves, while hundreds of other recalled items banned for sale in the United States are being shipped to shoppers abroad, according to an investigation by Consumer Reports magazine.Why is this happening?
The magazine faulted the U.S. Consumer Product Safety Commission for the continued sale of unsafe products both here and abroad. Citing a steep erosion in the agency's budget and staff, it said the agency was inadequately and inconsistently enforcing federal safety laws and policing store shelves.But isn't that the beauty of Free Market Capitalism? No regulations, and the market will correct itself, right? Any libertarians/free marketers out there care to take up the cause and explain to me why this is a good thing?
posted by lazarus | 05:00 | |
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