Cobra Motorcycles president Sean Hilier was on the Rush Limbaugh program yesterday, to discuss the notorious Consumer Product Safety Improvement Act of 2008 (CPSIA) and its devastating effect on his company.
I didn’t hear the show but you can read the transcript here. According to Hillier, Cobra employs fewer than 50 people, but there are about 100 companies around the country that depend on Cobra for business (probably contractors for the manufacturing of various parts.)
Hillier also noted that when similar, game-changing legislation hit the auto industry back in the 1980s the industry had years to react and re-engineer. The CPSIA was passed in August of 2008 and put into law six months later. With catastrophic effects.
This is not the last we have heard about this law. This is another fine example of people who don’t know what their doing, passing a law on a topic they don’t know anything about, with absolutely no consideration for its consequences. This is what happens when government “works”.