HomeEconomyfmr. Obama's economy. Consultant Furman: “Public policy”...

fmr. Obama’s economy. Consultant Furman: “Public policy” “creates monopoly” according to the formula

On CNN’s “Don Lemon Tonight” on Thursday, Jason Fuhrman, who served on the Council of Economic Advisers under President Barack Obama and chair of the Council of Economic Advisers and the National Economic Council under President Bill Clinton, and Jason Fuhrman, currently Professor of Economic Policy Practice at Harvard He argued at his University and Harvard Kennedy School that there were many political issues that contributed to the lack of the formula, such as restrictions on imports and tariffs, and “we have a public policy that creates monopolies for this.”

“There are so many different types of public policy failures, most of them at the FDA,” Fuhrman said. They build this on top of a long set of rules. We do not allow infant formula from countries such as Germany, although it is safer and possibly better than our infant formula. We set rates for it to come from Canada. For this we have a government policy that creates monopolies. These are all problems. The Biden administration is eliminating some, but right now we will have to rely on certain levels in other parts of the world to help us, and they want it. We have to let them go.”

Source: Breitbart

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