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> I live in South America, taxes are 10% and there’s no shortage of formula. There doesn't seem to be a shortage in Europe either, where taxes are much higher
by jimkleiber 4y ago
> I live in South America, taxes are 10% and there’s no shortage of formula.
There doesn't seem to be a shortage in Europe either, where taxes are much higher and with your argument, the government may be even more effective.
It's an argument I seem to hear often: government is simultaneously all powerful and completely ineffective.
But I'll stay open and curious: what did the US government do to primarily or fully cause a shortage of infant formula?