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Baby formula boss warns crisis will last ALL YEAR as Biden claims it will be eased in weeks and only a 'mind reader' could see it coming - despite shortages beginning last July
[Daily Mail, Where America Gets Its News]
  • Murray Kessler, the CEO of Irish-American firm Perrigo, said he expects shortages and heightened demand to last for the 'balance of the year'

  • Perrigo produces around 8pc of the U.S. baby formula, and he said their factories in Ohio and Vermont were working at 115pc capacity to meet demand

  • The shortage is a combination of pandemic supply chain problems, a monopoly of producers, and the February shutdown of a major manufacturer

  • On Friday a visibly-irritated Joe Biden said that to have done more to prevent the crisis you would have needed to have been a mind reader

  • Critics pointed out there has been a 10pc nationwide shortage since August; the Wall Street Journal raised the alarm in January; and the NEC in February

Posted by: Skidmark 2022-05-14
http://www.rantburg.com/poparticle.php?ID=632931