Tigers!
Veteran Member
- Joined
- Sep 19, 2005
- Messages
- 4,334
- Location
- On the wing, waiting for a kick.
- Basic Beliefs
- Bible believing revelational redemptionist (Baptist)
Have they restarted production at that baby formula factory? It was good for an Aust. company as they had their greatest ever imports to the USA.This. Reliability is expensive. We see it in the Texas utilities. We see it with some old, cheap drugs: The government forces the price as low as possible (they can with something mostly paid by Medicaid) and when the supply chain hiccups the patients are left to suffer. Look at what has happened with Abbott--some contaminated packaging (no contaminated product was ever found) shut down a factory and we have a big hiccup in specialty baby formula and some other products they produce.The cost of reliability increases dramatically at the top end; it’s VASTLY more expensive to have a grid with blackouts once a decade than it is to have a grid with blackouts once a year. Similarly, it’s VASTLY more expensive to have a grid that can recover from a blackout condition when one does arise in minutes, than it is to have one that takes hours to recover, or one that takes days.
A socialist system, that is mandated to provide reliable infrastructure despite that sometimes costing more than it can reasonably earn, is always going to be less prone to blackouts than a capitalistic system that requires profitability even where that implies occasional outages.
I was surprised to learn that production at just one factory stopping could cause so little formula to be available in the whole of the USA.