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John Stossel

How US government policy caused our baby formula shortage

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2 minute read

From Stossel TV

Politicians blame “corporate greed” for the formula shortage. But it’s their own destructive policies that are to blame.  

Why is there a formula shortage? It’s not Covid shipping delays.  Other supermarket shelves are filled. “It’s clearly government policy that’s causing the biggest problems,” says trade specialist Scott Lincicome from the Cato Institute.

You would never know it if you listened to the media. They focus on the company that voluntarily recalled some formula, Abbott Nutrition. The real reasons for the shortage are actually worse than you think. “We have a tariff and regulatory wall around the country,” says Lincicome. So babies and parents suffer. I explain in this video.

John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.

Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.

Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.

———— To make sure you see the new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ————

 

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

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John Stossel

Green Energy Needs Minerals, Yet America Blocks New Mines

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From StosselTV

We’re told we need more minerals for EVERYTHING, especially “green” energy. But America regulators and environmental groups keep KILLING new mines!

 “Why in the world would you put billions of dollars at risk to get a permit? Knowing they’ll just cancel a permit!” Physicist Mark Mills writes about the absurd regulations in the mining industry, “You’re going to be waiting, not months, not years, but the record shows decades.” America used to lead the world in producing minerals. Now we rank next to last in the time it takes to develop mines. How did this happen? Because rich environmental groups hate mines. They run deceitful ads and even collude with government to block mines. The video above explains some of the many reasons why this is a BIG problem.

After 40+ years of reporting, I now understand the importance of limited government and personal freedom.

——————————————

Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.

Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.

Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.

————

To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ————

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John Stossel

The Crisis Industry: How Activists Profit from Panic

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From StosselTV

Pollution, homophobia, racism, hate; activists claim everything is getting worse. The opposite is true. But if they admit that how would they raise money?

“For activists, success is a threat,” journalist John Tierney explains. “It is going to put you out of business unless you find a new cause.”

Tierney has covered activists for years and watched them move from one cause to another. “But it’s not a business,” I push back. “They’re not making money doing this.” “Oh, yes, they are,” replies Tierney. Lots!

Our new video looks at how these activist groups raise billions of dollars, the consequences of their activism, and why we fall for their scares.

————

To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe

————

After 40+ years of reporting, I now understand the importance of limited government and personal freedom.

——————————————

Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.

Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.

Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club.

Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.

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