$40 billion for Ukraine, no baby formula for the US

[Benton]

Supply chain issues and a lack of market competition (the company that owns Similac, one of the largest producers in the US, has shut down plants following a fatal contamination outbreak months ago) led to the shortage. Basically, a company was scared of law suits so they stopped production.

The US is sending $40 billion to Ukraine. That's unrelated to US companies being crappy and ill prepared and enjoying a structure which doesn't support competition. The current administration didn't do anything to encourage a practical monopoly on the formula market. If anything, it's trying to help out a capitalistic fail as the FDA is expediting reviews of foreign formulas being imported and permits.

I mean, sure, I guess the government could take total control over the formula industry to make sure the manufacturing doesn't take a dip. But is that the direction anyone wants to go?