Mamdani Botches the Math on Socialist Grocery Stores
NEW YORK CITY, JUL 1 – Zohran Mamdani aims to use $60 million, partly from taxing the wealthy, to open affordable grocery stores in each NYC borough to reduce food insecurity, with 66% local support.
- Queens Assemblyman Zohran Mamdani, the presumptive Democratic mayoral nominee, proposed a $60 million experiment to build five city-run grocery stores in New York City.
- Mamdani’s plan aims to fight price gouging by offering food at wholesale cost, funded by redirecting $140 million from corporate grocery subsidies and taxing the wealthy.
- Critics warn the grocery industry has razor-thin 1.6% profit margins, and municipal stores have rarely succeeded except in small rural towns, raising doubts about scalability.
- Polls show two-thirds of New Yorkers support public groceries, but voices like Fox News' Stephen A. Smith argue socialism conflicts with American values and doubts electoral viability.
- If successful, Mamdani’s plan would be the first city of New York’s size to own grocery stores, yet its feasibility and impact remain uncertain amid economic and political controversy.
12 Articles
12 Articles
Zohran Mamdani's grocery chain will be a crime against New Yorkers
Of all the policies proposed by Zohran Mamdani, the socialist winner of last week’s New York’s Next Top Mayor competition, the idea of city-run grocery stores has proved the most divisive. If you want to reduce prices at halal carts by taking away regulations on street vendors, you’re going to get 80-plus percent approval rating. But state-owned groceries are another story. Modern history is strewn with tales of state-owned grocery disasters. In…
Dem Rep. Ritchie Torres: Reaction to Mamdani's Gov't Grocery Store Idea 'Hysterical', We 'Can Survive' It
On Tuesday’s broadcast of CBS News’ “The Takeout,” Rep. Ritchie Torres (D-NY) responded to New York City mayoral candidate State Assemblyman Zohran Mamdani’s (D) proposal for city-run grocery stores by saying, “I feel like New York can survive a publicly-run The post Dem Rep. Ritchie Torres: Reaction to Mamdani’s Gov’t Grocery Store Idea ‘Hysterical’, We ‘Can Survive’ It appeared first on Breitbart.
Mamdani Botches the Math on Socialist Grocery Stores
Timothy P. Carney is a senior writer at the Washington Examiner, where this story was first published.When Zohran Mamdani, the New York Democratic mayoral nominee, defends his idea of socialist grocery stores, he says he can pay for them by cutting city subsidies to “corporate grocery stores.”This claim is based on a basic misunderstanding of the city’s current grocery subsidies. The money he plans to use to pay for his proposed city-owned groce…
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