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Baby Formula Shortage  – Is This a Manufactured Crisis?

&NewLine;<p>I’m all for blaming the Biden Administration for all of its faults&comma; lord knows they have many&period;&nbsp&semi; But I know my own biases and try to overcome them when I am analyzing events and situations&period; I don’t always succeed&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>I am a bit suspicious of the most recent crisis&comma; the baby formula shortage&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>We are finding that many grocery stores have run out of baby formula&comma; and shortages have occurred over the last few weeks&period; No matter the providence of the issue&comma; the empty shelves are real and alarming&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>We are seeing the responses as politicians run around like chickens with their heads cut off &lpar;yes&comma; chickens really do this…&rpar;&period;&nbsp&semi; According to CNN&comma; the House Energy and Commerce Committee announced a hearing on baby formula for May 25 and told CNN they plan to call representatives from the Food and Drug Administration and Abbott&comma; a major baby formula producer&comma; to testify&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Others are calling for use of the Defense Production Act to solve the problem&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Republicans are lamenting that illegal immigrants have a huge store of baby formula while American mothers are short&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>But how did this happen&quest;  Was there a shortage in the supply of baby formula that bloomed into a crisis&quest;  Or did someone claim there was a shortage&comma; panicking some mothers into buying and stockpiling baby formula&comma; causing the grocery store shelves to empty out&quest;  Hmmm&period; The classic self-fulflling prophecy&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>And now&comma; of course&comma; the crisis is real&comma; because the supply chain was not ready for the surge&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>I seem to recall a pretty substantial shortage of toilet paper during the covid pandemic – right after the news media told us to expect a shortage&period; &nbsp&semi;It was not that there was not enough toilet paper&comma; it was that EVERYBODY thought we would run out and of course&comma; we bought six times as much as we needed&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>And of course&comma; like toilet paper&comma; we will have a glut of baby formula product once the shelves are resupplied and the hoarders are full up&period; But no one will complain about that&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>I believe we will become more and more subject to this phenomenon&comma; panicking and hoarding with the slightest whisper of a shortage&period; I have to admit if it is a shortage of Dr&period; Pepper&comma; I will buy a six-month supply&period; Some things are important&period; Human nature is that once you react to a shortage by hoarding&comma; it becomes your go-to strategy&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>This will likely become an election issue&comma; as it should be&period; After all&comma; even if the baby formula shortage is merely a self-fulfilling prophecy&comma; the empty shelves are real and the perception is real&period; Not Biden’s fault but it is Biden’s problem&period; The response by the Biden Administration has been as clueless as his response to Afghanistan&comma; Ukraine&comma; the border crises and rampant crime&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The big question remains&period; Who started this&quest;<&sol;p>&NewLine;

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