Fox News retail analyst Hitha Prabhakar (former writer for Forbes) claims the CPSIA’s new lead testing law “isn’t going to affect the children’s clothing industry that much.” She thinks that much of the testing has already been done. When asked by the commentator, Prabhaker admits “it will have a pretty strong impact on small businesses…especially if they can’t afford that” (the testing, but) “this is a very small portion of the market.”
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Broadcast on Friday, January 2, 2009
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Duration : 0:2:1
Little effect on …
Little effect on children’s clothing? What a dumb ass! Just one question for this expert! As a small business owner, will I still be required to have my finished, new product tested?
I already know the answer is yes. The average cost for my new product will average ~ $500. Not only does this destroy my profit, but I now owe money to the government.
1:28 she attempts …
1:28 she attempts to soften the blow of small businesses shutting down not to mention the hit on the motorcycle and bicycle industry
Not such a “small …
Not such a “small impact” when it’s the end of your own business.
that lady is stupid
that lady is stupid
It is obvious that …
It is obvious that MS hitha has not read the law…Let me give you the short version of what is going to be required:
Public Law 110-314, The Consumer Product Safety Improvement Act of 2008, will require each and every manufacturer, retailer, and small business to comply with this law, when producing items that are being sold to children under 12yrs. In order to comply, each unit item sold, must be tested at a fee from $200-$4000 per test. Hitha really needs to go back and read the new law.
What an idiot! …
What an idiot! Sound like someone grew up privileged and doesn’t know what it’s like to struggle financial, start a business or raise children. Expert my butt! Head in the sand idiot.
Okay, so it will …
Okay, so it will have an impact on small businesses who can’t afford it, but since we’re a “small portion of the market” (and I’m not convinced of this), does that mean we don’t matter? And as far as an applique having already been tested before it is attached to an item – from what I understand, that doesn’t matter a hill of beans. You still have to have the entire item, each and every little piece of it, tested. Which is what makes it so expensive. Right? Correct me if I’m wrong.
There seems to be a …
There seems to be a confusion in that video between
- ‘having an effect on the market’ – as in: ‘how many clothes will actually be withdrawn as a result’, and
- ‘having an effect on the market’, as in: ‘how crippling will be the effort involved for the manufacturers’.
I thought it was a weak debate, so one-opinioned as to be pointless.
Penelope Else
OH my someone …
OH my someone screamed?? This is why we have to fight! ‘fair and balanced’? Im ashamed of you fox news. deeply ashamed. this will DRASTICALLY affect the smaller markets…hwo about a bail out for me so I can keep working????
Hey Hitha, she …
Hey Hitha, she pronounced your name as HItha too, not HEETHA. So much for screaming at me on the phone and why I hung up on you.