Another issue that should have been adequately addressed decades ago was also included in the congressional end-of-year spending bill. Starting in mid-2023, all new dressers and other clothing storage furniture in the United States will have to meet strong stability requirements before going to market.
Today I received an email saying that my Social Security number was going to be suspended. Scam. Ironically, it was “signed” by Texas Attorney General Ken Paxton. I wonder if he was chosen for the scam because he’s a Tea Party conservative from Texas who people may think would come after them in other states.
Of the many consumer laws I’ve reported on over the years, weak laws on personal care products such as cosmetics are among the most frustrating. The United States has lagged behind the rest of the world in regulating the contaminants and ingredients in personal care products. More than 80 other countries have taken action to protect their citizens.
Inflation hurts, and it causes stress. I was going to buy a frozen package of mac and cheese. However, it cost $14.95. I decided I’d make one of my Annie’s organic mac and cheese packages, which cost about $1 from Costco. Although inflation is beginning to slow down, it increased 7.1 percent in November from November 2021.
Have you been frustrated because you’ve wanted to repair your electronics or appliances or find a less expensive place for repairs to be made other than through the manufacturer? Eighty-four percent of Americans said they agreed with a policy to require manufacturers to make repair information and parts available either to independent repair professionals or to product owners..
When travel blogger Gabby Petito went missing in 2021 then was found murdered in a national park, the news media and social media went wild. For weeks, the headlines blared. Now the same media blitz is occurring over the deaths of four University of Idaho students in Moscow, Idaho. In America, there’s just too interest in murders.
I hope keeping up with recalls is one of the items on your “good consumer” list. On May 5, 2021, the Peloton Tread+ treadmill was recalled because incidents associated with pull under and entrapment in the rear of the treadmills, and the Peloton Tread was recalled because the console on the Tread could detach and fall, posing a risk of injury to consumers.
Don’t get tricked into signing up for a high-cost loan when you buy a used car. Credit Acceptance Corp. misrepresented the cost of credit and turned the car-buying experience into a nightmare for many of its borrowers, the Consumer Financial Protection Bureau and New York Attorney General’s Office charged in a lawsuit.
My best wishes to you and your loved ones for 2023. On New Years eve, I wrote about the top consumer and personal finance stories of 2022. Inflation and higher interest rates topped the list, and I predict that those two issues will continue to confront consumers throughout the new year. My recommendations include:
