Opinion | The Infant-Formula Market Is Still Bottled Up

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

From WSJopinion: A relatively free and open market not only lowers costs today but protects against long-term shortages tomorrow, write scottlincicome and GabAboutTrade

The pandemic era has seen its share of supply-chain problems, but the infant-formula crisis—which began a year ago—stands out for its depth, duration and danger. National out-of-stock rates for formula exceeded 90% at one point in June, and store shelves in certain parts of the country remain sparse even today. The shortages got so bad they inspired multiple emergency responses from Congress, several different federal agencies and the White House itself.

The crisis also offered an opportunity—a road map to achieve a more robust and resilient U.S. market for baby formula and other essential goods. But much of Washington appears ready to ignore it.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

opinion scottlincicome GabAboutTrade define relatively free

opinion scottlincicome GabAboutTrade Hey, man, c'mon: the cartels need it to cut their drugs. Give him a break.

opinion scottlincicome GabAboutTrade Why aren’t the giant food companies on top of this Nestle

opinion scottlincicome GabAboutTrade I’d love to know if they don’t start the supply of baby formula in America then where else

opinion scottlincicome GabAboutTrade It would be horrible to hold the fda and the epa doing the bidding of their corporate overlords accountable maybe someone will someday.... i gotta another joke for you murrray

opinion scottlincicome GabAboutTrade “free and open market” is the 1 cause of corporations doing evil, exploitative things that damage our country and society at large. The free and open market caused ‘29, ‘08, ‘23… I’m tired of people acting like it does anything but cause problems.

opinion scottlincicome GabAboutTrade I don't care abt the cost of formula bc I skip breakfast. Wouldn't you say it helps?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines