Assuming there are absolutely no medical or circumstantial reasons to use formula (such as the complication with work in my original reply and public acceptance of breast feeding in public), there aren't many reasons. You know, except being able to be away from your child for any length of time in the first months. But this simply isn't reality, nor is breast milk always enough (my mother simply couldn't produce enough milk for my little brother to stay healthy, and his asthma was already a concern). Some women die in childbirth as well. Not to mention psychological concerns (I refuse to have a child. Pregnancy and breast feeding are the stuff of nightmares for me). We need the option there just to make sure all babies have nutrition.
And the more folks push, the more acceptable it is to shame non-breastfeeding mothers. That really freaking bothers me.
I've found though that most people push formula more than anything. My partner and I have just had our first baby, she's fully breastfed and barely a day goes by where people ask whether we're supplementing with formula as breast milk does not contain the right or enough nutrition for them.
I side with breast milk first and and foremost if it's a viable option as I'm less inclined to believe large formula manufactures such as Nestle really have the best of interests.
If the baby is purely breast fed and getting enough milk, you have to probably have add some extra iron to their diet around month 6 or so.
We had to start supplementing early, my wife could never get her production up enough to fully feed the baby. Our pediatrician was relieved we were ok with supplementing, a lot of moms in SoCal aren't and it's a super big issue. They (the pediatricians) seem to be at battle with breast feeding ideologues, people really need to be pragmatic.
I think the problem we found with our personal situation was from day one anything that occurred such as baby crying,fussing, not sleeping was attributed directly to poor breast milk by both people we knew and strangers. My partner felt forced to move to formula but luckily with support from our midwife her supply came in well and both baby and mother are happy.
Choices and support are the most important things but if supply,will,health and the option allow a mother to breastfeed I think the benefits do outweigh formula.
Happy to hear you had a supportive paediatrician!
Doctors are pattern matchers, your newborn symptoms could have been in their experience the baby not getting enough milk. If it wasn't the pediatrician, well, they are your best source for the baby's health, everyone else isn't qualified (including nurses, midwives, etc...).
Also, it takes a while for the milk to come in after the baby is born, it is an incredibly tricky process of getting the baby fed where nature doesn't do us many favors. The baby probably was hungry, the milk probably came in later than they wanted, but all is still ok. Finally, you know what goes into baby with formula, with breast milk it is much harder to tell, making the job of determining if the baby is getting enough much more difficult.
Breast feeding has benefits sure, but they aren't so much that it is worth starving the baby. It is a serious tightrope to walk, especially in the first few weeks before production comes in completely (if it does at all, many women have problems).
If you have a colic baby, all bets are off, of course.