Baby Formula Shortage Prompts NJ State Of Emergency: Murphy
Those looking to make a profit by increasing baby formula prices will face severe penalties in New Jersey, officials said.
Nicole Rosenthal, Patch Staff
Posted Wed, May 18, 2022 at 8:40 am ET
*** begin quote ***
NEW JERSEY – Gov. Phil Murphy declared a state of emergency in New Jersey on Tuesday amid an ongoing shortage of baby formula due to inflation, supply chain issues and recalls in the state and around the country.
The declaration was signed in order to activate New Jersey price gouging laws consistent with efforts at the federal level, according to Murphy.
“We firmly believe that New Jersey is the best place in the nation to raise a family, and during this challenging time, we want to support our
families with all of the resources at our disposal,” Murphy said in a statement.
“To any retailer who may try to take advantage of vulnerable families during this shortage, let me be clear that this reprehensible action will not be tolerated. And to any New Jerseyan affected by this shortage, rest assured that my administration will do everything in our power to ensure families have access to the formula they need.”
*** end quote ***
Once again, this is just Gooferment stupidity. There’s no such thing as “price gouging”. Higher prices are the signals from the market that makes TWO things happen — conservation of a scarce resource and an incentive to entrepreneurs to provide resources or alternatives. Baby formula is no different that any other commodity. Argh!
Like the hotels taking in refugees from a natural disaster MUST raise their prices to encourage “conservation”. If the price is “too high”, then a family will squeeze into one room rather than spread out into two. Then this will leave that other room free for some other family. The market place “rations” scarce resources by higher priced.
Also, entrepreneurs may open a spare bedroom during an emergency to make a few bucks because of those high prices.
Argh!
Real economists like Walter Williams have made much stronger arguments than I ever can. But it’s clear that politicians and bureaucrats never studied any economics or enjoy posturing for the publicity.
Argh!
—30—
Posted by reinkefj 









INSPIRATIONAL: Some of what is screamed out in public is truly “ABSURD”
Tuesday, May 10, 2022https://www.dailysignal.com/2022/05/03/the-age-of-the-absurd/?utm_source=TDS_Email&utm_medium=email&utm_campaign=MorningBell&mkt_tok=ODI0LU1IVC0zMDQAAAGEN6lkVYy7Qeh_Yxo1_IRnzTZh9sNXe5H5seFIcbQsvr7Z8zogCtsbhx1d46UtUYZHC-dVZwkTtAGTcWtkcbm8GlmtJe0Y2Rk5gQ5FDRojrJBTbwp5
The Age of the Absurd
Dennis Prager / @DennisPrager / May 03, 2022
*** begin quote ***
No. 11: America is systemically racist.
The manifest absurdity of this claim is easily demonstrated. In the past decades, more than 3 million black people have immigrated to America from Africa and the Caribbean. And probably tens of millions more would like to. Are all these people fools—choosing to move to a systemically racist country? Are they ignorant—unaware that America is systemically racist?
The non-absurd know the answers: All these blacks are neither fools nor ignorant. They know how lucky they are to move to America—because this country is so tolerant and so overwhelmingly nonracist. People don’t move to countries that hate them. No Jews moved to Germany in the 1930s.
We live in the Age of the Absurd. The only question is, why? I think I know the answer and will discuss it in a future column. In the meantime, share these 11 absurdities with friends and relatives, especially with those who actually think they make sense.
*** end quote ***
I remember a news clip from the corporate media doing a story about how the “evil Republicans” were slowing immigration and that there were long lines at out embassies seeking permission. One fellow in the line, who had been waiting for days, when asked why, replied: “America has fat poor people.” To me, that was the best answer I’d ever heard.
I see immigrants from India opening all sorts of businesses because it’s easy compared to the corruption in India. I see Oriental immigrants whose children seem to succeed in Gooferment Skrules against the odds. I see Mexican immigrants working their butts off at hard labor jobs and proudly showing off their new work truck for their efforts.
“Systematically racist” is something I don’t see. Pockets of idiots who either can’t or won’t try — of all races — seem to seek to blame “society”.
I will stipulate that the Gooferment “welfare” is designed to keep people poor and it is hard to break the cycle. But many do.
Let’s get the Gooferment out of the way.
—30—
Share this: