kickback from the manufacturer in the form of a rebate. sometimes as high as eightyhe five percent of the wholesale price. in other words, the baby b formula manufacturer essentially pays the government to maintain this monopolyt and it s good business for everybody. it s been going on for a long time. the problem right nowth isma that the abbott nutrition company has madede the baby formula for the vast majority of wyk contracts.rm the government had all its eggs virtually in abbott s basket. unfortunately, abbott just closed its plant in sturgis, michigan because of contamination that means that millions of people who used wyk to buy apple products are forced to buy competing formulas and they re doing it all at once. so a government monopoly overseen by joe biden causeds. this baby formula crisis. so what s the government doing to fix it? well, here s why they re not doing not invokingnone defense production act to manufacture more baby formula. of course not just for ukrainiansbye
kickback from the manufacturer in the form of a rebate sometimes as high as 85% of the wholesale price. anyway the baby formula made effectively pays the government to maintain its monopoly. it s good business for everyone it s been going on for a long time. the problem right now is that the abbott nutrition company has made a foamy stomach baby formula as all of its eggs virtually in abbott s basket. unfortunately abbott just closed in michigan because of contamination. that means that minds of people used wic to buy abbott products are forced to buy competing formulas and the doing it all at once. so a government monopoly overseen by joe biden caused this baby formula crisis. so if the government doing to fix it? we here s with her not doing. none of poking the defense of production act to produce more baby from that of course that s for ukrainians only, shut up american moms. but in the opposite which is the
without parole. stocks were up. the dow gained 483. the s&p 500 finished ahead 49.5. nasdaq jumped 118. for the week, the dow lost 1 and a third percentage points. the s&p 500 fell 2 and a fifth. nasdaq was down 3 and a fifth. tonight we continue our coverage of the -one of the key offyear election races in the country. republican glenn youngkin has made it closer than expected against democrat terry mcauliffe by making education a key issue. correspondent alexandria hough h tonight. like other school districts across the country there are parents. our school board is out of control. lots of them. they want their voice to be heard. even a few teachers. our kids are going to pay the price. all concerned with what they see is a government monopoly on what is taught in public schools after saying parents had an important, but not primary role in their kid s teaching,
debate about education going on. there s people who say the schools need moring fundie infu teachers need better pay. there are people who say no, the structure of the school system is what the problem is, you have this government monopoly, you need more choice, you need more variety. what do you think the answer is? well, the first thing has to do with the value you place on education. chinese parents and grandparents are going to invest their last dime, their last effort, into the future, and that is the education of their children. in the u.s., we ve already spent that money for our consumption. money only gets you that far. it s about how you spend the money. it s about prioritizing the quality of teachers and teaching over things like size of classes. in the united states, only every second dollar arrives in the classroom. so making sure all the money