Can I clarify something? The link is not to a report, but a personal opinion article. The author is making the case that breastfeeding needs more aid - that's the title of the piece, written by a doctor who promotes breastfeeding in India, and who sits on an Indian government nutrition committee. The article has no policy status - he suggests all states make 10 per cent of their child health budget to strategies to support bf, which is an opinion.
That said, it seems to me to be remarkably uncontroversial. It begins "Breastfeeding stands out as the single most effective intervention to save children?s lives, improve nutrition, by reducing diarrhea, pneumonia and newborn infections. "
To take your three objections:
Its mention of bf and less obesity is fair enough, as far as I can see - the WHO report you cite does not deny the link at all, but (justifiably) it says the effect is unclear in some settings, subject to confounding in most settings, and where it exists, the effect is smaller than sometimes claimed. It absolutely backs up the connection, though.
Higher IQs - studies are variable, and no test is completely free of bias. Nevertheless, the link is there, and is even more marked if you include studies which look at cognitive and neurological development and peformance as a proxy for 'effects on brain of breastfeeding'. A difference (qua WHO report) of 3.5 IQ points is not gonna make much impact on an individual, but it could on a population.
The effect on the US economy (2 lines in the article, and not part of the main argument) is indeed highly speculative (as many studies of this type are - you'll find equally speculative studies showing the effect on the economy if more people exercised, lost x kg in weight, recycled their rubbish etc etc), but there is no doubt that more breastfeeding would benefit public health and therefore public purses.
The suggestions for action are three-fold: breastfeeding needs protection (from the commercial practices of formula manufacturers); it needs promotion (so individual women have contact with trained bf workers); it needs support (with legislation to support maternity benefits/leave, and strategies to help working mothers continue bf ).
What part of any of that are you not happy with, Chunderella?