It is no secret that I am not a proponent of massive government regulations in the name of so-called consumer safety.
For one thing, such regulations are often too cumbersome for small businesses to comply with, limiting consumer choice to large corporations with the resources to comply with the excessive regulation.
For another, I believe that the best way to ensure quality products is to maximize consumer choice. But I guess that goes along with number one.
Here is a perfect example of the problem with excessive regulation – the Food and Drug Administration Globalization Act of 2008.
This bill would, among other things, subject small cosmetics manufacturers – including at-home moms who make soap to sell on the internet *ahem* – to a $2,000 annual registration fee.
Here is a video from the Indie Business Blog explaining the impact this legislation would have on small crafters of soap and other cosmetics, who are often supporting their families with their business revenue, and on consumers that prefer natural or artisan products over cosmetics from multi-national corporate manufacturers.
This is a bad bill that hurts small business under the guise of consumer safety, which will limit consumer access to small-scale, often natural and/or local, products.