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 National Economic Council, said on Friday morning that the White House had been urging states to take action to combat the issue in February – after the shortage was exacerbated by a February 17 recall of some products produced by Abbott Laboratories, and a shutdown of one of their plants.
‘We actually gave states the guidance on using flexibility the day after this recall happened in February,’ he told CNN’s Kaitlin Collins.
Yet Biden on Friday insisted no one could have predicted the crisis, which…