Libertarian: Joe’s Formula Stunt, Not Solution

The baby-formula shortage “is a crisis created, in significant part, by the failures of government policy aimed at protecting domestic companies from foreign competition,” argues Reason’s Eric Boehm. Biden’s solution: Airlifting formula from Europe. Yet the shortage “isn’t the result of there not being enough planes to transport baby formula from Europe,”; “it’s the result of the federal government making it nearly impossible to transport” due to Food and Drug Administration labeling requirements. And America “imposes huge tariffs on imported formula,” making us reliant on domestic production. So: “If you let markets work, there would be no need for a performative baby formula airlift orchestrated by the White House.”