The head of one of the four companies that control 90 percent of the U.S. market for baby formula has warned that the shortages nationwide could last until the end of the year, as President Joe Biden’s critics mocked his claim that ‘only a mind reader’ could have predicted the current crisis.
The nationwide ‘out of stock’ level has been consistently above 10 percent since August, and in January this year The Wall Street Journal warned of an impending problem.
Brian Deese, Director of the…
